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IQVIA 401(k) Lawsuit Covers Class of Thousands, Participant Says

April 19, 2022, 4:13 PM

A lawsuit challenging IQVIA Inc.'s 401(k) plan should be certified as a class action covering thousands of participants and beneficiaries in the health care researcher’s $1.6 billion plan, according to a filing in North Carolina federal court.

The lawsuit stems from IQVIA’s “plan-level conduct” and seeks remedies on behalf of all the plan’s participants, making the case a “paradigmatic example” of one appropriate for class treatment, Darya Dearing said in a class certification motion filed Monday in the U.S. District Court for the Middle District of North Carolina.

The proposed class covers “thousands” of participants and beneficiaries in the IQVIA ...