Campus bookstores at most higher education institutions are asked to increase revenues to support operations, scholarships and other campuswide needs as well as drive down prices and ratchet up services to help students.
Asset & Investments
Eight prominent universities—including University of Pennsylvania, Duke, Emory, Johns Hopkins, Vanderbilt and others—were hit with separate lawsuits in August 2016 alleging the institutions mishandled their employee retirement plans.
To bridge the gap between dwindling public resources and the growing cost of infrastructure and facilities, a public-private partnership (P3) can be a solution that infuses capital into an overstretched budget and makes new development financially feasible.
The Securities and Exchange Commission (SEC) recently completed settlements with the greater part of municipal underwriters and an initial group of issuers under the recent MCDC (Municipalities Continuing Disclosure Cooperation) initiative.
Recently, plaintiffs’ attorneys have brought dozens of lawsuits against universities alleging that their retirement plan fiduciaries breached their duties under the Employee Retirement Income Security Act of 1974 (ERISA). A failure to fulfill fiduciary duties under ERISA can lead to serious consequences, including personal liability under ERISA. There are steps fiduciaries can take to discharge their responsibilities and avoid these harsh results.