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Allen L. Munro et al v. University of Southern California et al
Case Number:
2:16-cv-06191
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Multi Party Litigation:
Class Action
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February 24, 2023
USC, Workers Seek Preliminary OK Of $13M ERISA Settlement
The University of Southern California and a massive class of workers who claimed the school saddled two retirement plans with high fees and poorly performing investments asked a federal court to approve a $13 million settlement resolving their federal benefits lawsuit after more than 6½ years of litigation.
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January 25, 2023
USC, Workers Reach Tentative Settlement In ERISA Row
The University of Southern California tentatively agreed to end a suit from a massive class of workers claiming the school allowed their retirement accounts to be saddled with high-cost and poorly performing investments, according to a California federal court filing.
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October 20, 2021
Caltech Fights USC Workers' Subpoena In ERISA Case
University of Southern California workers' bid to pry loose information about Caltech's retirement plan fees is an "improper" attempt to use the Caltech plan information to lay the foundation for a new suit, Caltech told a California federal court.
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December 13, 2019
USC Workers Urge Cert. Of Massive Class In ERISA Row
An attorney for current and former University of Southern California workers urged a California federal judge at a hearing Friday to certify a class of tens of thousands of workers accusing the school of mismanaging their retirement savings, while USC argued there are too many individual differences to proceed classwide.
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September 16, 2019
USC Says 'Mega Class' Shouldn't Get Cert. In ERISA Dispute
The University of Southern California is fighting a bid to certify "a sweeping class" in a suit accusing the school of mismanaging workers' retirement savings, arguing that the workers treated statutory certification requirements as an "empty formality."
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August 28, 2019
USC Must Face Bulk Of Workers' Retirement Plan Lawsuit
A California federal judge has narrowed a closely watched lawsuit challenging the fees and investments in the University of Southern California's retirement plan and denied employees' request to try the case before a jury.
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August 13, 2019
USC Says Proposed ERISA Class Action Short On Facts
University of Southern California workers' complaints about how the school handled their retirement plan boil down to second-guessing and hindsight rather than allegations of illegal conduct, the school argued as it urged a California federal judge to toss their proposed Employee Retirement Income Security Act class action.
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August 01, 2019
USC Let Bad Retirement Plan Options Pile Up, Workers Say
The University of Southern California sat on its hands while investment managers stuffed its retirement plan with costly and poor-performing investment options, USC workers looking to keep their proposed class action alive told a federal judge.
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July 16, 2019
USC Workers Seek OK For Massive Class In ERISA Suit
A group of current and former University of Southern California workers who accuse the school of mismanaging their retirement savings urged a federal judge to certify a class of at least 40,000 members in a case USC unsuccessfully tried to have booted out of court and into individual arbitration.
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July 02, 2019
USC Says Would-Be ERISA Class Action Mere 'Hindsight'
The University of Southern California has urged a federal judge to toss a proposed class action accusing it of mishandling its workers' retirement savings, arguing the workers failed to show the school didn't act wisely or in their best interests.