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CLARK et al v. DUKE UNIVERSITY et al

  1. June 05, 2019

    Duke Workers Seek Final OK For $10.7M ERISA Deal

    A class of Duke University workers has asked a North Carolina federal judge to give the final stamp of approval to a $10.65 million settlement ending two Employee Retirement Income Security Act suits accusing the university of mismanaging its multibillion-dollar employee retirement plan.

  2. February 07, 2019

    Duke Workers' $10.7M ERISA Deal Gets 1st OK On 2nd Try

    A $10.65 million settlement ending two Employee Retirement Income Security Act suits against Duke University cleared its first hurdle on Thursday when it was greenlighted by a North Carolina federal judge, who earlier refused to approve the deal and asked for more information.

  3. January 30, 2019

    Duke, Workers Didn't Adequately Support $10.7M Deal: Judge

    A North Carolina federal judge urged Duke University and its workers on Tuesday to explain why a $10.65 million settlement would bring a fair end to class claims that the university diverted fees from its retirement plan to certain employees' paychecks while allowing the plan to charge excessive administrative fees and make unwise investments.

  4. January 17, 2019

    Duke Class Puts $10.7M ERISA Settlement Before Judge

    A class of participants in a Duke University retirement plan asked a North Carolina federal judge to greenlight a $10.65 million settlement resolving Employee Retirement Income Security Act claims against the school, telling the court that the agreement provides significant relief beyond money.

  5. November 30, 2018

    Duke University Strikes Deal To End ERISA Class Action

    Duke University has reached a deal to close the book on an Employee Retirement Income Security Act class action brought by workers who accused the elite school of allowing its retirement plan to pay excessive fees and retain unwise investments.

  6. October 11, 2018

    Duke ERISA Suit Judge Will Watch John Hopkins Case

    The North Carolina federal judge overseeing an Employee Retirement Income Security Act class action against Duke University on Wednesday said she will keep her eye on a similar case against Johns Hopkins University, rejecting the class's argument that the other case isn't relevant.

  7. September 19, 2018

    Duke Univ. Workers Say 401(k) Plan Was Revamped After Suit

    Workers suing Duke University gave a North Carolina federal judge a "road map" of their class claims that the school mismanaged their retirement savings and refused to correct an unreasonable record-keeping arrangement until it was sued, telling the judge Tuesday that Duke is reworking the plan for 2019.

  8. May 29, 2018

    Duke Says Northwestern Win Backs Its Args In ERISA Suit

    Northwestern University's recent win in an Employee Retirement Income Security Act suit accusing the school of mismanaging workers' retirement savings supports Duke University's argument that a class of employees pursuing a similar suit against it shouldn't be allowed to amend their allegations, Duke told a North Carolina federal judge Tuesday.

  9. April 13, 2018

    Duke Univ. Class Certified As ERISA Plan Suits Advance

    A suit accusing Duke University of mismanaging employees' pension plans through high fees and bad investments has become the second in a recent wave of Employee Retirement Income Security Act litigation against elite schools to gain class action status, with certification coming just days before the first of these cases goes to trial.

  10. August 11, 2016

    List Of Universities Sued Over Retirement Plan Fees Grows

    Duke University, the University of Pennsylvania, Johns Hopkins University and Vanderbilt University on Wednesday were each hit with proposed class actions accusing the schools of causing retirement plan participants to pay millions of dollars in excessive fees, just one day after three other prominent schools were similarly sued.

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