Prevea Clinic Workers Reach Settlement Over Retirement Plan Fees

Prevea Clinic Inc. negotiated a class settlement with employees challenging the fees charged by the Wisconsin health system’s retirement plan.

The parties reached a class-wide deal after a day-long mediation session and plan to submit details of the agreement for court approval by the end of January, they said in a notice filed Tuesday in the US District Court for the Eastern District of Wisconsin.

• Judge William C. Griesbach ruled earlier this year that the workers had viable claims with respect to their plan’s recordkeeping fees
• The four-year-old lawsuit is one of several retirement plan fee lawsuits overseen by Griesbach ...