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Mr. Schlichter Goes to College: Universities Are the Newest Target for Excessive Fee Lawsuits
Pension Consultants, Inc. Link to more items from this source
Aug. 22, 2016

"[P]laintiffs' lawyers have found their next pot of gold. Based on recent history we can expect these cases to settle, resulting in tens of millions of dollars in attorney's fees.... Until a case is actually decided in court, it will be hard to determine where to draw the line between excessive and reasonable fees. Employers need to realize there are plaintiffs lawyers looking for new retirement plans to sue, and there is no plan size or industry that is safe.."

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