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PROSPECT MEDICAL HOLDINGS has reached a settlement agreement that would end litigation related to the St. Joseph Health Services of Rhode Island Retirement Plan.

Settlement reached between Prospect Medical Holdings and St. Joseph Pension Fund

PROVIDENCE – Prospect Medical Holdings Inc. on Tuesday announced that it had reached a settlement with St. Joseph Pension Fund to purchase the remaining...
ATTORNEY STEPHEN DEL SESTO has applied to have the the St. Joseph's pension plan subject to the Employee Retirement Income Security Act. The plan previously had been exempt as a "Church Plan." He and the plan are awaiting a decision on the application. / PBN FILE PHOTO/MICHAEL SALERNO

St. Joseph’s receiver tries to gain federal pension guarantee in unprecedented...

PROVIDENCE – The receiver for the St. Joseph’s Retirement Benefit Fund, Stephen Del Sesto, a partner at Pierce Atwood LLC, has applied to have...
STEPHEN DEL SESTO testifies before R.I. Superior Court in 2017. He was appointed to usher the St. Joseph Health Services pension plan through receivership. Max Wistow, who was appointed special counsel, sits to his right. / PBN FILE PHOTO/ELI SHERMAN

Wistow: St. Joseph’s pension settlements could make $85M plan whole

PROVIDENCE — R.I. Superior Court Judge Brian Stern on Nov. 21 approved an $11 million settlement between the former St. Joseph’s Hospital, the former...

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