Vanderbilt University Workers Win Cert. In ERISA Suit

Law360 (October 24, 2018, 5:59 PM EDT) -- A Tennessee federal judge certified a class of roughly 40,000 participants in a Vanderbilt University retirement plan in an Employee Retirement Income Security Act suit over the management of the plan, rejecting the school's assertion that the participants didn't have standing to bring their claims.

U.S. District Judge Waverly D. Crenshaw Jr. said in his order certifying the class on Tuesday that the participants had sufficiently alleged an injury to establish standing in their suit against Vanderbilt. The judge said he wasn't convinced by the university's argument that the named plaintiffs' failure in some cases to identify specifically how they suffered...

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