Republic Mortgage Insurance Company (RMIC)
and Affiliated Companies Profit Sharing Plan
We are representing participants in a putative class action in Allison, et al. v. Republic Mortgage Insurance Company, No. 1:24-cv-00950 (M.D.N.C.). Our client is a former participant in the Republic Mortgage Insurance Company and Affiliated Companies Profit Sharing Plan. We allege that the plan sponsor failed to monitor and replace the Plan’s capital preservation option, ignoring the imminent risk that the company’s long-planned sale would result in a market value adjustment that would cause the Plan’s members substantial losses. We seek to recover the losses the participants suffered.
Learn More
If you were a participant in this plan and wish to learn more about this case, you may contact the lead attorney on this case, Charlie Gokey. You can also learn more about our other 401(k) cases.