Keller Rohrback L.L.P. Announces Investigation Into Blue

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Keller Rohrback L.L.P. Announces Investigation Into Blue Cross Blue Shield of Michigan Regarding Fees

SEATTLE, May 28, 2014 (GLOBE NEWSWIRE) -- Attorney Advertising. Keller Rohrback L.L.P. is currently investigating Blue Cross Blue Shield of Michigan ("BCBSM") regarding its alleged practice of charging hidden and undisclosed fees to ERISA welfare plans for which BCBSM serves as a third party administrator under administrative services contracts.

Recently, a federal appeals court upheld a $6.1 million trial judgment that found BCBSM defrauded a Michigan auto parts maker by hiding the fees it was charging the company to process employee healthcare claims. It was the Court's opinion that the trial court was correct in finding that BCBSM breached its fiduciary duties under ERISA and committed prohibited transactions by "inflating hospital claims with hidden surcharges in order to retain additional administrative compensation."

"BCBSM committed fraud by knowingly misrepresenting and omitting information about the Disputed Fees in contract documents," the appellate court said, also concluding that BCBSM not only hid its fees from client plans, but also engaged in a "course of conduct designed to conceal evidence" of its ERISA violations.

The plaintiffs in the case are an ERISA plan and its plan sponsor/fiduciaries that asserted they were "unaware of the existence of the Disputed Fees" until BCBSM "disclosed to the company in a letter the existence of the fees and described them as 'administrative compensation.'"

If you are a plan fiduciary of an ERISA welfare benefit plan whom BCBSM belatedly informed about hidden fees and if you would like to pursue a claim, please contact attorney Gretchen Obrist , or paralegal Jennifer Dallape for additional information at (800) 776-6044 or via email at info@kellerrohrback.com to assess your plan and potential claims.

Keller Rohrback, with offices in Seattle, Phoenix, New York, and Santa Barbara, is one of America's leading law firms handling retirement and employee benefit plan litigation, including challenging hidden or excessive fees in ERISA plans. The firm is committed to helping employees and retirees protect their retirement savings and other employment-related assets and avoid waste and abuse in the context of ERISA plans. Keller Rohrback attorneys represent employees and fiduciaries in litigation and offer advice and counseling on a wide range of employee benefit issues. Keller Rohrback's trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.

CONTACT:
Keller Rohrback L.L.P.
Gretchen Obrist
Attorney
(800) 776-6044
info@kellerrohrback.com
www.krcomplexlit.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Woodpack Global Unveils Crate Design System: A New Era Begins

Updated Category News Views 0

Innovating the Wooden Crate Landscape An old industry got a much-needed facelift today, folks. Woodpack Global has rolled out Crate Design System™ (CDS)—a snazzy new tool that's shaking up the wooden crate design landscape. It blows the dust off outdated design methods that have been collecting cobwebs since the '60s. That's right, we’re talking about a significant...

Continue Reading
ZEEKR's Shooting Brakes Dominate: Over 400K Sold

Updated Category News Views 3

ZEEKR's Stellar Performance in a Crowded Market Another month, another bumper crop for ZEEKR's shooting brakes. These beauties aren't just hanging in there; they're leading the pack. In August alone, global deliveries marched past the 10,000 mark for the third month running—a feat not easily achieved in today's saturated automotive landscape. It's no wonder the...

Continue Reading
MCatalysis Secures $5M to Disrupt Fuel Cost Dynamics

Updated Category News Views 3

Funding Fuels Innovation MCatalysis has just secured a hefty $5 million in seed funding to throw down with the big dogs in energy production. This isn't your regular backyard science project; this company is serious about changing the game with a tech-driven approach that could undercut current fuel prices. HL Energy Ventures and Oxford Science Enterprises are backing...

Continue Reading
RARE Foundation Rebrands, Focus Still Strong

Updated Category News Views 1

Unveiling the RARE Foundation's New Identity In the stock market, you ride waves of change, and let me tell you, it ain't just stocks and bonds that change names and faces. Case in point: The EveryLife Foundation for Rare Diseases has spiffed up as the RARE Foundation. New name, new logo, the whole enchilada. This isn't just a cosmetic touch-up, though. It's about...

Continue Reading
Job Market Shifts: Adaptation vs. Fairness Dilemma

Updated Category News Views 2

The Chameleon Effect in Today's Job Market Walk into any open-space office these days, and you'll see faces plastered with composed, work-ready smiles—faces that might not look so familiar outside those walls. The modern workplace has draped its cloak over individual personalities, with the mighty pressure to 'fit in' often forcing a change in how folks present...

Continue Reading
Monib Zirvi's Dermatology Excellence Honored in 2026

Updated Category News Views 1

Trailblazer in Dermatology Recognized Again Fancy yourself a star in dermatology? Well, take notes from Dr. Monib A. Zirvi. The guy just got his due recognition from Marquis Who's Who for his sizable contributions to dermatology and research. For someone who's been at this game for over two decades, Zirvi doesn't just glide by on old merits. He's the real deal, and his...

Continue Reading
Aflac's $200M Milestone in Cancer Charity Support

Updated Category News Views 0

Pioneering Efforts Across Decades Here’s an effort that bucks the usual corporate talk. Aflac, the supplemental insurance giant, isn’t just mumbling about its mission; it's doing the heavy lifting in the fight against childhood cancer and blood disorders. With over $200 million in contributions poured into the cause over more than 30 years, they're putting the capital...

Continue Reading
Sandbox VR Expands to Melbourne, Betting on Immersive Fun

Updated Category News Views 0

Sandbox VR Ventures into Melbourne's Heart Every now and then, a venture takes its ambitions and rolls the dice on a prime location. Sandbox VR is swaggering into Melbourne's bustling Central Business District, fresh out of its success on the Gold Coast. Opening this Melbourne venue on September 14 marks a significant leap in the company's Aussie expansion—a bold nod to...

Continue Reading
South Florida Donor Network Honors 52 Heroic Donors

Updated Category News Views 3

A Heartfelt Tribute to Lifesavers You ever been to a gathering that reminds you how deeply human connections run? That's what happened at The Diplomat Beach Resort in Hollywood. South Florida Donor Network (SFDN) pulled together a ceremony honoring 52 donor heroes whose legacies beat strong through the recipients living thanks to their gifts. An Event Worth Attending...

Continue Reading
Cap Juluca: Caribbean Luxury Redefined on Maundays Bay

Updated Category News Views 0

The Tranquil Call of Maundays Bay Find me dipping my toes in the sands of Maundays Bay come October 10, 2026, and you'll understand why this slice of Anguilla stakes its claim to being the best beach on the globe. Cap Juluca, that crown jewel of Caribbean luxury, swings open its doors once more, promising indulgence framed by turquoise waters and the soft whisper of white...

Continue Reading

Top 5 Most Recently Viewed Articles

Ariceum Therapeutics' Radiopharmaceutical Receives FDA Designation

Updated Category News Views 180

Ariceum Therapeutics Celebrates FDA Orphan Drug Designation Ariceum Therapeutics, a pioneering biotech firm, is making waves in oncology with its new radiopharmaceutical therapy. Recently, the company received an Orphan Drug Designation from the U.S. FDA for its innovative treatment known as 225Ac-satoreotide. This groundbreaking therapy targets patients battling...

Continue Reading
Craft Spirits Demand Drives USD 193 Billion Wine Market Growth

Updated Category News Views 131

Craft Spirits Demand Drives USD 193 Billion Wine Market Growth The global wine and spirits market is set to witness an impressive growth trajectory, estimated to increase by USD 193.2 billion between 2024 and 2028 according to recent reports. The overall market is projected to achieve a compound annual growth rate (CAGR) of 3.2%. This robust expansion is significantly...

Continue Reading
Baffin Unveils Innovative Gaiters and Liner Sock for Adventurers

Updated Category News Views 163

Baffin's Expansion into Outdoor Accessories Baffin takes a bold step into the outdoor accessory segment with the launch of its latest products: GAITERS and BASE LAYER LINER SOCK. These innovative offerings are set to elevate the experience for outdoor enthusiasts looking for reliable performance in challenging environments. Introducing GAITERS: A New Standard in Cold...

Continue Reading
PST Group AB Secures Major Contract for Industrial Complex

Updated Category News Views 195

PST Group AB Signs Major Contract PST Group AB, a prominent player in the construction industry, recently entered into a substantial EUR 42 million contract with UAB JPresswood. This agreement aims to establish a complex of industrial buildings, which will feature vital ancillary and energy production structures, as well as an administrative building equipped with...

Continue Reading
Cailin Birch to Speak at IPA AltsGlobal in London: Key Insights

Updated Category News Views 176

Cailin Birch to Speak at IPA AltsGlobal Event Registration is now open for a premier international gathering centered on alternative investments, where some of the industry's most influential figures will share their insights. Keynote Address by Cailin Birch The Institute for Portfolio Alternatives (IPA) proudly announces that Cailin Birch, the Principal Global Economist...

Continue Reading