September 10, 2024
Research and development nonprofit Mitre Corp. agreed to shell out $3.4 million to resolve a class action from workers who said their retirement plans were saddled with excessive fees, according to a Massachusetts federal court filing.
June 11, 2024
A research and development nonprofit agreed to settle a class action alleging it mismanaged its $3.5 billion employee retirement plans by allowing them to pay excessive administrative fees, according to a filing Tuesday in Massachusetts federal court.
September 18, 2023
A Boston federal judge signed off Monday on a proposal from Mitre Corp. and a group of the R&D nonprofit's former workers to certify a 12,000-person class action on claims that the organization mismanaged its workers' retirement savings.
July 27, 2023
A group of former national security researchers asked a Massachusetts federal judge to greenlight a class covering thousands of employees in their suit alleging that the nonprofit they worked for mismanaged their retirement savings, saying all workers were affected by the same misconduct.
March 06, 2023
A nonprofit that conducts national security research for the U.S. government must face a proposed class action over its alleged mismanagement of retirement funds, a Massachusetts federal judge ruled Monday.
August 24, 2022
A nonprofit that conducts research for the U.S. government asked a Massachusetts federal judge to toss a proposed class action claiming it mismanaged its $3.5 billion employee retirement plans by letting workers pay excessive administrative fees, saying the lawsuit is light on facts to support its claims.
June 23, 2022
A not-for-profit research organization allowed record-keepers for its $3.5 billion retirement plans to charge excessively high administrative fees and cost employees millions of dollars in benefits, according to a proposed class action filed by six workers in Massachusetts federal court.