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.
Tag: 403(b) litigation
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 major universities have sufficiently exercised their bargaining power or allowed inefficient recordkeeping arrangements to persist over long periods of time.
Mercer introduces their top 10 key tips for endowment and foundation (E&F) committees to understand and implement throughout the year.