ERISA and Financial Abuse News

Jerry Schlichter Named “401(k) Hero” by St. Louis Post-Dispatch

The St. Louis Post-Dispatch has named Schlichter Bogard & Denton partner Jerry Schlichter a “401(k) Hero” in an episode of the online video series “The Bottom Line” in recognition of Schlichter Bogard & Denton’s work to eliminate excessive fees paid by… Read More

Schlichter Bogard & Denton Brings Suit Against Four Universities on Behalf of Additional Retirement Plan Investors

Schlichter Bogard & Denton has brought class actions against four additional universities, Columbia, Cornell, Northwestern, and The University of Southern California, on behalf of thousands of participants in retirement plans sponsored by the universities. Each… Read More

Various Media Outlets Cover Schlichter Bogard & Denton’s Recent Suits on Behalf of Retirement Plan Investors

Various media outlets have weighed in regarding Schlichter Bogard & Denton’s recent suits on behalf of investors in university retirement plans, including The New York Times, The Wall Street Journal, NPR, Bloomberg, CNBC, and several others. Among other… Read More

Schlichter Bogard & Denton Brings Class Actions Against Five Additional Universities on Behalf of Retirement Plan Investors

Schlichter Bogard & Denton this week brought class actions against five additional universities, Duke, Emory, Johns Hopkins, the University of Pennsylvania, and Vanderbilt, on behalf of thousands of retirement plan participants. Earlier in the week, Schlichter… Read More

Schlichter Bogard & Denton Brings Suit Against Three Universities on Behalf of Retirement Plan Investors

Schlichter Bogard & Denton today filed class action lawsuits against three universities, NYU, MIT, and Yale, on behalf of more than 60,000 retirement plan participants.  The complaints allege breaches of the duties of loyalty and prudence under ERISA,… Read More

Investment News Article Cites Schlichter Bogard & Denton’s Significant Impact on Retirement Marketplace

An article in Investment News this week opined that Schlichter Bogard & Denton, through its 401(k) lawsuits, “has made quite an impact on the retirement marketplace” by holding fiduciaries accountable for their conduct.  As the article noted in describing… Read More

Schlichter Bogard & Denton Reaches Preliminary $30.9 Million Settlement on Behalf of MassMutual 401(k) Plan Participants

Schlichter Bogard & Denton has reached a preliminary $30.9 million settlement on behalf of more than 14,000 participants in MassMutual’s 401(k) plan. Schlichter Bogard & Denton’s allegations were that MassMutual violated its fiduciary duties to plan participants… Read More

The New York Times Notes Schlichter Bogard & Denton's "Numerous Victories" on Behalf of Investors

The New York Times today noted Schlichter Bogard & Denton's "numerous victories" on behalf of retirement plan investors in a column appearing on the front page of the Sunday Business section. The column additionally referenced the firm's success defeating… Read More

Front-Page Wall Street Journal Article Notes Schlichter Bogard & Denton’s Role in Reducing 401(k) Fees

In a front-page story, The Wall Street Journal today took note of the significant role Schlichter Bogard & Denton has played in reducing 401(k) fees nationwide. In explaining why employers have reduced retirement-plan fees considerably over the last several… Read More

Preliminary Approval Granted of $32 Million Novant Class Action Settlement

An action brought by Schlichter Bogard & Denton on behalf of a class of more than 25,000 participants in Novant Health's 401(k) plan was preliminarily approved by the U.S. District Court in Greensboro, North Carolina this week. The action concerns alleged… Read More