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LUCAS et al v. DUKE UNIVERSITY
Case Number:
1:18-cv-00722
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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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.
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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.
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August 21, 2018
Duke Sued Again Over Handling Of Staff's Retirement Plan
Duke University was hit with another proposed class action in North Carolina federal court from its retirement plan participants, this time alleging that the school flouted the Employee Retirement Income Security Act by using plan assets to pay for employee salaries and fringe benefits, among other things.