ERISA lawsuit investigation: Were you overcharged for employee benefits at Allied Universal or LabCorp?

Employees may be eligible for compensation under federal law.

(Photo Credit: Vitalii Vodolazskyi/Shutterstock)

If you participated in employee benefit plans while working at LabCorp or Allied Universal, you may have paid excessive fees. Fill out the form on this page to see if you qualify to recover losses or pursue compensation through an ERISA lawsuit.

Employees of Allied Universal or LabCorp who enrolled in company-sponsored benefit plans may have been overcharged. A class action law firm is investigating claims that employees were charged higher fees than they should have for their retirement and health plans.

Under the Employee Retirement Income Security Act (ERISA), employers and plan administrators are required to manage benefit plans responsibly and in the best interest of employees. When they fail to do so, it may violate federal law.

If you took part in an Allied Universal or LabCorp retirement or health plan, your benefits may have been mismanaged — and you could be eligible to recover money for overcharges or other losses.

Do you qualify?

Current or former employees of Allied Universal or LabCorp who were enrolled in employee benefit plans may qualify for an ERISA class action lawsuit investigation.

Act now — fill out the form to see if you are eligible. You may be eligible to try to recover overpaid fees.

Fill out the form on this page for more information.

The law firm responsible for the content of this page is: Schlichter Bogard LLC; Saint Louis, Missouri; 314-621-6115; uselaws.com

What is ERISA, and how does it protect employees?

The Employee Retirement Income Security Act (ERISA) is a federal law that regulates how employers manage employee benefit plans, including retirement and health plans. Under ERISA, employers have a legal duty to act in the best interests of their employees.

This means employers must manage plan funds carefully, select reasonable investment options, and avoid excessive administrative fees. If a plan is mismanaged or employees are charged higher fees than they would have under comparable plans, the employee may be entitled to recover losses or seek compensation.

Are employers overcharging for employee benefits?

Some employees have reported paying significantly higher fees for their employee benefits while working at Allied Universal or LabCorp. These reports raise concerns that the companies may have violated ERISA regulations.

Employees allege that these companies failed to properly evaluate and monitor these accounts, resulting in costs that are significantly higher than those of comparable benefit plans and may be considered unreasonable.

This alleged failure may provide grounds for an ERISA lawsuit and the opportunity to recover losses or seek compensation.

How to join the employee benefits lawsuit investigation

If you worked for LabCorp or Allied Universal and were enrolled in employee benefits, you may qualify to join an ERISA lawsuit. To get started, fill out the form on this page. A legal representative will review your information and determine the next steps in pursuing potential compensation.

Fill out the form on this page to see if you qualify for a free case evaluation.