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Violation Tracker Individual Record

Company: Wake Forest Baptist Medical Center
Current Parent Company: Atrium Health
Penalty: $3,800,000
Year: 2024
Date: July 2, 2024
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: Wake Forest Baptist Medical Center agreed to pay $3.8 million to settle litigation alleging it mismanaged its employee retirement plan.
Level of Government: federal
Action Type: private litigation
Court: Middle District of North Carolina
Civil or Criminal Case: civil
Case ID: 1:21-cv-00454
Case Name: Garnick et al v. Wake Forest University Baptist Medical Center et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: North Carolina
Ownership Structure of Current Parent: non-profit
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: hospitals
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.