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BOLEY v. UNIVERSAL HEALTH SERVICES, INC.

CIVIL ACTION NO. 20-2644.

498 F.Supp.3d 715 (2020)

Mary K. BOLEY, et al. v. UNIVERSAL HEALTH SERVICES, INC., et al.

United States District Court, E.D. Pennsylvania.

Filed October 30, 2020.

Attorney(s) appearing for the Case

Kolin Tang, Shepherd Finkelman Miller Shah LLP, Newport Beach, CA, Alec Berin, James C. Shah, Michael P. Ols, Shepherd Pinkelman Miller Shah LLP, Philadelphia, PA, James E. Miller, Shepherd Finkelman Miller & Shah, LLP, Chester, CT, Lisa W. Basial, Mark K. Gyandoh, Donald R. Reavey, Capozzi Adler, P.C., Harrisburg, PA, for Mary K. Boley, Kandie Sutter, Phyllis Johnson.

Brian T. Ortelere, Morgan Lewis & Bockius LLP, Philadelphia, PA, Deborah S. Davidson, Morgan Lewis & Bockius LLP, Chicago, IL, Sean K. McMahan, Stephen K. Dixon, Morgan, Lewis & Bockius LLP, Washington, DC, for Universal Health Services, Inc., The UHS Retirement Plans Investment Committee.

MEMORANDUM

Employers creating and monitoring an employee retirement plan offering a variety of investment funds which allow employees to choose their investments among those offered in the plan subject to market fluctuation must comply with fiduciary duties defined by Congress in the Employee...

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