June 13, 2018
The Massachusetts Institute of Technology on Tuesday blasted employees who have accused the university of mismanaging its retirement plan for refusing to cough up "elementary information" such as which particular investment options they contend performed badly or cost too much.
April 16, 2018
On the heels of a North Carolina federal judge's decision to certify a class action accusing Duke University of mismanaging its retirement plan, Emory University employees who say their school violated the Employee Retirement Income Security Act in the same way asked a Georgia federal judge Friday to grant them class status, too.
October 05, 2017
A Massachusetts federal judge on Wednesday trimmed Employee Retirement Income Security Act claims brought by a proposed class of Massachusetts Institute of Technology workers, finding that some of the claims involving allegedly excessive retirement plan fees were based on speculation, but that others were strong enough to proceed.
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.