MIT Workers Win Cert. In ERISA Suit Over Retirement Plan

Law360 (October 19, 2018, 6:07 PM EDT) -- A federal judge on Friday approved a class certification bid by employees at the Massachusetts Institute of Technology who allege the university mishandled its retirement fund, saying he was not swayed by an argument that the employees had made conflicting claims about the ways in which they were harmed.

The employees have demonstrated through internal university documents that they allegedly all suffered damages under the same retirement plan, U.S. District Judge Nathaniel M. Gorton wrote, and they do not need to prove that they were all harmed as a result of the same university actions. 

"Defendants have not shown that plaintiffs...

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