LVHN agrees to $1.15 million settlement over alleged retirement account mismanagement

Lehigh Valley Health Network (LVHN) has agreed to a $1.15 million settlement in a class action lawsuit filed by former employees who alleged the health network mismanaged their retirement plan.

The settlement was filed earlier this week in the U.S. District Court for the Eastern District of Pennsylvania.

According to court documents, it covers anyone who participated in LVHN’s 403(b) retirement plan going back to October 21, 2018, as well as eligible beneficiaries, with the exception of the defendants in the case and their beneficiaries…

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