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Victory for NYU After First Trial in the 401(k) Fee Cases Filed Against Colleges and Universities
Littler 
Aug. 13, 2018 "In the past two years, more than 16 prominent colleges and universities across the country have been targeted by class action lawsuits filed under [ERISA] challenging the fees and investment lineups in the schools' retirement plans.... As the first case to consider the merits of the claims asserted in these ERISA class actions, Sacerdote is not only a significant victory for NYU but also for the other colleges and universities defending similar suits." [Sacerdote v. New York Univ., No. 16-6284 (S.D.N.Y. July 31, 2018)] MORE >> |
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