Sophia A. Luby
By Theodore Alexander, Sophia A. Luby, James A. Cannatti III and Amandeep S. Sidhu on Jun 12, 2019
Posted In Benefit Controversies, Health and Welfare Plans
DOJ’s focus on individual accountability is particularly important with respect to telemedicine. Telemedicine is a burgeoning field, with a projected market increase of 18% annually over the next six years, reaching $103 billion in 2024. In light of this recent surge in profitability, DOJ has begun paying extra attention to telemedicine, with at least one...
By J. Christian Nemeth, Joseph K. Urwitz and Sophia A. Luby on Jun 12, 2018
Posted In Benefit Controversies, Fiduciary and Investment Issues, Retirement Plans
A federal judge in the Northern District of Illinois recently dismissed a lawsuit against Northwestern University alleging that the University and its fiduciaries mismanaged its retirement and voluntary savings plans. This is the latest decision in a series of class action lawsuits against prominent universities in which plaintiffs allege fiduciary violations of the Employee Retirement...
By Sophia A. Luby, J. Christian Nemeth and Chris C. Scheithauer on Apr 24, 2018
Posted In Employee Benefits, Fiduciary and Investment Issues, Retirement Plans
A lawsuit against Vanderbilt University is moving forward based on allegations that the university and its fiduciaries mismanaged its retirement plan by paying excessive fees and maintaining poor investment options. In that lawsuit, Cassell v. Vanderbilt et al., plaintiffs filed a 160-page complaint alleging multiple violations of ERISA. Cassell v. Vanderbilt, No. 3:16-cv-02086 (M.D. Tenn....