IQVIA Plans to Settle Class Lawsuit Over 401(k) Investments
IQVIA Inc. will settle a class action by workers challenging the Fidelity target date funds in its 401(k) plan, the parties announced four months before the case was scheduled to go to trial.
The health-care research company reached a tentative agreement with a class of employees covered by its retirement plan since 2014, according to a settlement notice filed Thursday in the US District Court for the Middle District of North Carolina. They expect to submit details of the deal for court approval by May 15, they said.
The lawsuit was filed in 2020 by former employees of the companies …