Memorial Hermann Retirement Plan Fee Suit Moves Forward, Again

Houston’s Memorial Hermann Health System suffered another setback in a lawsuit over its retirement plan fee levels, when a federal magistrate judge said its latest motion to dismiss rehashed arguments that were previously rejected.

There’s been “no material changes in the law or facts” to warrant reconsidering an earlier decision allowing the case to advance, Magistrate Judge Christina A. Bryan said Tuesday in a nonbinding report. Bryan, who sits in the US District Court for the Southern District of Texas, said reconsideration may be justified later on, if the US Supreme Court issues its ruling in a pending case ...