AI-assisted summary

Yost sued the board members for alleged breach of fiduciary duty, and they hired their own lawyers, whose fees Yost refused to pay.

The lawsuit is the latest development in ongoing turmoil at STRS Ohio, including management changes and investigations.

STRS Ohio manages $95 billion for 500,000 members and is undergoing a board restructure.

What happens when your lawyer sues you and he gets to pick which attorneys can defend you and how much they should get paid?

State Teachers Retirement System of Ohio Board Chairman Rudy Fichtenbaum and former Board Member Wade Steen are suing Ohio Attorney General Dave Yost over just that question.

In May 2024, Yost sued Fichtenbaum and Steen , accusing them of violating their fiduciary duty to act in the best interest of the p

See Full Page