November 24, 2021
The University of Miami has agreed to pay $1.85 million to settle a proposed class suit brought by current and former employees who say the college's $1 billion retirement plan was saddled with excessive fees.
April 06, 2021
A group of University of Miami retirement plan beneficiaries urged a Florida federal court to certify their proposed class action covering nearly 16,000 current and former employees who allegedly saw the school's $1 billion retirement plan saddled with excessive fees.
November 17, 2020
The University of Miami made its case for throwing out a proposed ERISA class action over the management of its retirement plan in a video hearing Tuesday, arguing with plan participants over whether they needed to have chosen certain disputed investment options to have standing to sue.
July 09, 2020
The University of Miami has urged a Florida federal judge to toss a proposed ERISA class action accusing the school of saddling its retirement plan with excessive fees and poorly performing investments, arguing that the plan participants lifted their allegations from other cases and got the facts wrong.
April 30, 2020
The University of Miami became the latest school to be targeted in an ERISA suit when it was slapped with a proposed class action in Florida federal court claiming the university mismanaged its nearly $1 billion retirement plan.