Tag: 403(b) litigation
The sponsor, a Texas counseling service, was protected by a safe harbor provision, but the adviser might not be so...
The complaint alleges several breaches of fiduciary duty, including retaining poorly performing investments.
In addition to the payment into a settlement fund, Princeton has agreed to what the settlement agreement calls “therapeutic relief,” including a pledge to not raise fees.
John Hopkins University will settle a long-standing ERISA lawsuit—one of a number of virtually identical cases filed in district courts across the country by Schlichter, Bogard and Denton.
There are several bases on which the court could impose sanctions.
The news comes as a large number of ERISA lawsuits are playing out in the district and appellate courts across the U.S., testing whether 403(b) plan sponsors of...
Mercer introduces their top 10 key tips for endowment and foundation (E&F) committees to understand and implement throughout the year.