Aon Hewitt Investment Consulting, Inc. defeated a class action in the Western District of North Carolina brought by nearly 250,000 current and former Lowe’s Companies, Inc. employees who were participants in Lowe’s 401k retirement plan.
On October 12, 2021, Aon Hewitt Investment Consulting, Inc. (“Aon”) defeated a class action in the Western District of North Carolina brought by nearly 250,000 current and former Lowe’s.
A North Carolina federal judge issued a bench trial decision Wednesday ending claims by a certified class of about 250,000 current and former Lowe's employees that Aon Hewitt mismanaged their 401(k) by directing funds to its own financial products, finding the consultant didn't breach its fiduciary duty or violate ERISA.
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Federal Authorities: Georgia Man Sentenced To Over 6 Years In Prison For Defrauding North And South Carolina Medicaid Programs
February 25, 2021
CHARLOTTE, N.C. U.S. Attorney Andrew Murray announced Markuetric Stringfellow, 37, of Powder Springs, Georgia was sentenced to 78 months in prison and three years of supervised release after defrauding North and South Carolina Medicaid programs.
In addition, U.S. District Judge Kenneth Bell says Stringfellow will also have to pay $5,278,550 in restitution.
Detectives say in his North Carolina scheme, Stringfellow was a partner in Everlasting Vitality, LLC (EV) and Do-It-4-The Hood Corporation (D4H), a corporation that operates after-school programs in Charlotte, Greensboro, Winston-Salem, and Rocky-Mount, North Carolina.
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