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Northwestern Beats 'Paternalistic' ERISA Class Action

Law360 (May 25, 2018, 1:07 PM EDT) -- An Illinois federal judge dismissed a proposed class action Friday that accused Northwestern University of botching its handling of workers’ retirement savings, making the case the second in a recent wave of Employee Retirement Income Security Act lawsuits against prestigious universities to be thrown out.

The judge ruled that Northwestern's plan didn't breach its fiduciary duty by offering insufficient index funds to investors. Shown is the campus in Evanston, Illinois. (Getty) U.S. District Judge Jorge L. Alonso ruled that Northwestern’s plan didn’t breach its fiduciary duty...
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Case Information

Case Title

Divane et al v. Northwestern University et al


Case Number

1:16-cv-08157

Court

Illinois Northern

Nature of Suit

791(Labor: E.R.I.S.A.)

Judge

Honorable Jorge L. Alonso

Date Filed

August 17, 2016

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