Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Universal Health Services Inc.
Current Parent Company: Universal Health Services Inc.
Penalty: $12,500,000
Year: 2023
Date: March 30, 2023
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: Universal Health Services agreed to pay $12.5 million to settle litigation alleging it filled an employee 401(k) plan with poor investment options.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Pennsylvania
Civil or Criminal Case: civil
Case ID: 2:20cv2644
Case Name: Boley et al v. Universal Health Services Inc et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Pennsylvania
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: hospitals (for-profit)
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.