NYU Employees Win Cert. In ERISA Plan Suit

Law360 (February 14, 2018, 5:58 PM EST) -- A New York federal judge on Tuesday certified a 20,000-plus member class of investors in two New York University retirement plans, saying the workers can sue together because their Employee Retirement Income Security Act suit asks common questions — whether the school paid too much to maintain their investments or offered them poor investment options.

U.S. District Judge Katherine B. Forrest said the workers cleared the certification bar the U.S. Supreme Court established in its 2011 Walmart v. Dukes decision because they ask the same questions,...
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Case Title

Sacerdote et al v. New York University


Case Number

1:16-cv-06284

Court

New York Southern

Nature of Suit

Labor: E.R.I.S.A.

Judge

Katherine B. Forrest

Date Filed

August 9, 2016

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