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U.S. Supreme Court The USC 403(b) case had the potential to dramatically impact the growing body of claims against sponsors of retirement plans. (Photo: Shutterstock)

The Supreme Court will not review a 403(b) excessive fee lawsuit brought against fiduciaries of the University of Southern California’s retirement plan, according to a document from the High Court released this week.

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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