Schlichter Bogard & Denton is a national leader in protecting retirement plan assets. We were the first private attorneys to file cases alleging excessive fees in 401(k) and 403(b) plans—the primary retirement vehicles for millions of Americans. And we have successfully obtained relief valued at more than $1.5 billion on behalf of retirement plan participants—often by bringing lawsuits that other firms were unwilling to bring.
Innovation is the cornerstone of our approach to retirement litigation: we were also the first law firm to explore the intersection between data privacy and fiduciary obligations in retirement plan administration.
Schlichter Bogard & Denton has led a nationwide movement to expose excessive fees in 401(k) plans and help millions of Americans save more money for retirement. Our work has been repeatedly profiled in the national media and highlighted by federal judges.
Results that we have obtained, among numerous others, include the following:
- Tibble v. Edison: Obtained a unanimous 9-0 landmark decision in the United States Supreme Court on behalf of a class of 401(k) investors in the first Supreme Court case to consider fees in 401(k) plans. 135 S. Ct. 1823 (2015).
- Abbott v. Lockheed Martin: Achieved an historic $62 million settlement on behalf of employees and retirees – the largest ever in a 401(k) case involving excessive-fee allegations – in addition to substantial non-monetary relief. 725 F.3d 803 (7th Cir. 2013).
- Tussey v. ABB: Obtained an historic $55 million result on behalf of participants in ABB’s retirement plan after a dozen-year battle, including the first full trial in a 401(k) excessive fee case. 746 F. 3d 327 (2014).