Schlichter Bogard & Denton Lawsuits Cited in Wall Street Journal Article Regarding Passive Investing

The Wall Street Journal this week cited lawsuits brought by Schlichter Bogard & Denton in a front-page article on the rise of passive investing. 

In examining the recent trend away from active stock-picking and toward passive investment options, such as index funds, the Journal noted Schlichter Bogard & Denton’s cases on behalf of retirement plan investors and suggested that the firm’s lawsuits “are motivating investors to make changes.” The Journal quoted Schlichter Bogard & Denton managing partner Jerry Schlichter, who stated that plan managers face “a pretty big burden of proof” in selecting actively managed funds, given their cost and track record.

For additional information about Schlichter Bogard & Denton’s ERISA and Financial Abuse practice, please contact Schlichter Bogard & Denton at 1-800-873-5297 or sbd@uselaws.com.