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Schlichter, Pentegra Settle MEP Fiduciary Breach Suit for $48.5 Million
American Retirement Association [ARA] 
July 3, 2025 "Additionally, the settlement calls for: the phased removal of certain Board members[iii], and A competitive bidding process[iv] for the Plan's recordkeeping and administrative services overseen by an independent fiduciary." [(Khan v. Bd. of Directors of Pentegra Defined Contribution Plan, No. 20-7561 (SDNY order and settlement agreement Jul. 2, 2025)] MORE >> |
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