October 15, 2025
Northeastern University will pay $725,000 to settle a proposed class action claiming it shirked federal benefits law by failing to wrangle in high fees and cut underperforming investment funds from its employee retirement plan, according to a Wednesday filing in Massachusetts federal court.
September 15, 2025
Northeastern University has agreed to settle a proposed class action from employee retirement plan participants who alleged their savings were dragged down by poorly-performing investments and high fees, parties told a Massachusetts federal court on Monday.
April 18, 2024
A Massachusetts federal judge declined to toss the majority of a professor emeritus' suit claiming Northeastern University cost its workers in retirement savings through high plan fees and lackluster funds, ruling the suit's allegations have enough detail at this stage of the case.
November 16, 2022
A former Northeastern University employee who filed a proposed class action alleging the college mismanaged retirement funds asked a Massachusetts federal judge Tuesday to not toss the suit, saying the defense's motion for dismissal was based on a misinterpretation of cited case law.
July 01, 2022
A former Northeastern University employee sued the school in Massachusetts federal court, saying retirement savers took a financial hit because their plan was saddled with excessive fees and offered subpar investment options.