Tag: University of Pennsylvania
Higher Ed Fiduciary Lawsuits: A Scorecard and Some Observations
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A little over a year ago a series of lawsuits were filed against major universities. The lawsuits alleged that these schools violated their fiduciary obligations under ERISA by failing to properly manage plan costs and investment performance. In effect, these lawsuits were the higher ed/tax sheltered annuity version of the 401(k) litigation that has been […] Read more ยป