January 28, 2020
A Maryland federal judge on Tuesday awarded nearly $4.7 million to Schlichter Bogard & Denton LLP for its work in a suit challenging Johns Hopkins University's management of its 403(b) retirement plan, noting that the firm "pioneered this ground-breaking and novel area of litigation."
August 06, 2019
Johns Hopkins University has agreed to pay $14 million to end a proposed class action accusing the school of violating the Employee Retirement Income Security Act by saddling its retirement plan with hefty fees and maintaining expensive, poorly performing investment options.
August 14, 2018
A Maryland federal judge has refused to reconsider an order that pared down an Employee Retirement Income Security Act lawsuit that had alleged Johns Hopkins University didn't prudently manage a retirement plan.
June 04, 2018
Johns Hopkins University told a Maryland federal judge Monday that it will assume responsibility for any alleged fiduciary breaches committed by members of its retirement committee, because it does not want those members added to an Employee Retirement Income Security Act lawsuit as defendants.
August 11, 2016
Duke University, the University of Pennsylvania, Johns Hopkins University and Vanderbilt University on Wednesday were each hit with proposed class actions accusing the schools of causing retirement plan participants to pay millions of dollars in excessive fees, just one day after three other prominent schools were similarly sued.