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IQVIA 401(k) Investors Get Class Status in Suit Over Fees, Funds

May 13, 2022, 3:51 PM

A lawsuit accusing IQVIA Inc. of 401(k) mismanagement is moving forward as a certified class action covering thousands of people who invested retirement savings in the health-care researcher’s $1.6 billion plan, according to a North Carolina federal court order.

The class includes all participants in and beneficiaries of the IQVIA plan since June 2014, including the beneficiaries of deceased participants. About 21,000 people could fall within ...