NYU Asks Judge To Toss ERISA Suits Over Retirement Plan

Law360, Los Angeles (February 16, 2017, 8:11 PM EST) -- New York University on Wednesday asked a federal judge in New York to throw out a proposed class action alleging it breached a fiduciary duty to employees in its retirement plan, saying the employees had never alleged a conflict of interest that could lead to a claim the university breached its loyalty to the plan.

Mark Muedeking of DLA Piper, arguing for NYU, told U.S. District Judge Katherine B. Forrest that she should dismiss claims under the Employee Retirement Income Security Act that the school caused...
To view the full article, register now.