Court Skeptical Of Columbia's Bid To End ERISA Suit

Law360 (October 11, 2019, 7:52 PM EDT) -- A New York federal magistrate judge appeared unpersuaded by Columbia University’s attempts to bring an early end to a class action challenging its retirement plan’s fees and investments, saying during a hearing Friday that he sees factual disputes in the case that can’t be resolved without a trial.

“They say one thing, you say another,” U.S. Magistrate Judge Stewart D. Aaron told the lead attorney for Columbia, Brian Netter of Mayer Brown LLP, during a three-hour hearing on the university’s bid for a pre-trial win in the Employee Retirement Income Security Act suit.

Judge Aaron said “a lot of words were...

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