Hamadeh wanted to pay primary care doctors a small fee for referring his service to patients, but discovered it could be construed as fee-splitting.

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Why should Vanguard be so shy about fee-splitting with Financial Engines?

FORBES: More Worries for Defined Contribution Plan Fiduciaries (August 31, 2006)

Taylor of Texas and Robert A. Pritchard of Mississippi, meanwhile had an incentive to maximize settlements for their Southern clients, who came unencumbered with any fee-splitting deal at all, the court said.

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Allegations of fee splitting and other compensation arrangements between minority managers-of-managers and their underlying managers are circulating.

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