Tracey et al v. Massachusetts Institute of Technology et al

  1. August 09, 2019

    MIT Workers Cannot Add Claims On Eve Of ERISA Bench Trial

    Ahead of a bench trial in an Employee Retirement Income Security Act case against the Massachusetts Institute of Technology, a federal judge said the workers suing the school cannot revive previously dismissed claims or try the case before a jury, according to a pair of orders filed late Thursday.

  2. August 06, 2019

    MIT Workers Ask Judge Not To Ax Suit Over 401(k) Plan

    MIT workers have urged a Massachusetts federal judge not to toss their Employee Retirement Income Security Act suit accusing the school of favoring Fidelity's interests over their own, arguing that the university's alleged fiduciary breaches lost their retirement plan more than $45 million.

  3. July 16, 2019

    MIT Defends Management Of 401(k) Plan In ERISA Suit

    The Massachusetts Institute of Technology has asked a Massachusetts federal judge to toss an Employee Retirement Income Security Act class action accusing the school of mismanaging its retirement plan, saying the "undisputed record" demonstrated the school had acted reasonably when making decisions about the plan.

  4. June 17, 2019

    MIT Says It's Too Late To Revise Loyalty Claims In ERISA Suit

    MIT has told a Massachusetts federal judge that a class of participants in its retirement plan waited too long to try to fix their dismissed claims alleging the school favored the interests of Fidelity over its own employees in violation of the Employee Retirement Income Security Act.

  5. March 15, 2019

    MIT 401(k) Participants Want Jury Trial Back In Play

    A class of participants in a Massachusetts Institute of Technology retirement plan have urged a federal judge to revive their bid to try part of their Employee Retirement Income Security Act suit before a jury, arguing the damages they seek warrant such a trial.

  6. February 28, 2019

    Judge, Not Jury, To Hear Workers' ERISA Suit Against MIT

    A class of Massachusetts Institute of Technology workers lost a bid for a jury trial on Thursday in a suit alleging the elite school allowed its retirement plan to pay steep record-keeping fees and offer subpar investments.

  7. October 19, 2018

    MIT Workers Win Cert. In ERISA Suit Over Retirement Plan

    A federal judge on Friday approved a class certification bid by employees at the Massachusetts Institute of Technology who allege the university mishandled its retirement fund, saying he was not swayed by an argument that the employees had made conflicting claims about the ways in which they were harmed.

  8. October 10, 2018

    MIT Says Workers Don't Meet Class Standards In ERISA Suit

    The Massachusetts Institute of Technology argued in Boston federal court Wednesday that employees who allege the university mishandled its retirement fund do not have grounds for class certification because of their conflicting claims about how they were harmed.

  9. September 10, 2018

    MIT Workers Nod To Cornell In Bid For Jury Trial In 401(k) Suit

    A proposed class of Massachusetts Institute of Technology employees accusing the school of mismanaging their retirement savings urged a Massachusetts federal judge to let them take their claims before a jury, one day after Cornell University workers won the right to a jury trial on part of their similar benefits suit.

  10. August 24, 2018

    ERISA Claims Cannot Be Decided By A Jury, MIT Argues

    The Massachusetts Institute of Technology told a Massachusetts federal judge Friday that employees accusing the renowned university of mismanaging its retirement plan must have their claims decided from the bench, arguing the U.S. Supreme Court has held Employee Retirement Income Security Act cases like this one are not entitled to jury trials.