February 14, 2018
A New York federal judge on Tuesday certified a 20,000-plus member class of investors in two New York University retirement plans, saying the workers can sue together because their Employee Retirement Income Security Act suit asks common questions — whether the school paid too much to maintain their investments or offered them poor investment options.
August 28, 2017
A New York federal judge on Friday trimmed a proposed class action alleging New York University breached a fiduciary duty to employees in its retirement plans, tossing claims that the university breached its loyalty to the plans' beneficiaries.
February 16, 2017
New York University on Wednesday asked a federal judge in New York to throw out a proposed class action alleging it breached a fiduciary duty to employees in its retirement plan, saying the employees had never alleged a conflict of interest that could lead to a claim the university breached its loyalty to the plan.
August 09, 2016
New York University, the Massachusetts Institute of Technology and Yale University were each hit with proposed class actions Tuesday alleging the schools caused certain participants in their retirement plans to pay millions of dollars in unreasonable and excessive fees.