Retirement Plan Litigation
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Private Equity Wants In On Your 401(k). This Lawyer Is Ready to Fight
Yahoo Finance· 2026-02-11 16:33
Now the financial industry and its allies in the Trump administration are trying to make it harder for Schlichter and others to sue. The industry has lobbied Washington heavily over the issue, and Republican lawmakers in Congress have labeled the plaintiffs’ lawyers “pension predators” who are abusing the retirement system. The Trump administration’s top appellate lawyer filed a brief at the US Supreme Court opposing Schlichter’s position in a recent case, and the Department of Labor withdrew its brief supp ...