COLUMBUS, Ohio-Ohio Attorney General Dave Yost is defending his lawsuit against individuals accused of attempting to manipulate the State Teachers Retirement System (STRS) pension fund. Yost’s legal action targets board members Wade Steen and Rudy Fichtenbaum, alleging they colluded with the investment firm QED to steer contracts for personal gain. QED, founded by Seth Metcalf and Jonathan Tremmel in 2020, has faced criticism for lacking clients and necessary registration, and was unable to impress the STRS board.
