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Violation Tracker Individual Record

Company: University of Maryland Medical System
Penalty: $3,250,000
Year: 2024
Date: May 23, 2024
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: The University of Maryland Medical System agreed to pay over $3 million to settle litigation alleging it mismanaged its employee retirement plans.
Level of Government: federal
Action Type: private litigation
Court: District of Maryland
Civil or Criminal Case: civil
Case ID: 1:21-cv-01824
Case Name: Moler et al v. University of Maryland Medical System et al
Private Lawsuit Resolution Type: settlement
Facility State: Maryland
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.