Bloomberg Law
April 16, 2018, 1:57 PM UTC

NYU to Begin Trial Over Retirement Plan Mismanagement Claims

Jacklyn Wille

• NYU is first school to go to trial over its retirement plans • Duke, Yale, Johns Hopkins, and others are facing similar allegations • Attorneys predict trial outcome could influence other pending lawsuits

The litigation blitz over college retirement plans will come to a head today, when New York University becomes the first of 18 prominent colleges to defend its retirement plans at trial.

More than 20,000 current and former NYU employees are part of a class that is scheduled to begin a two-week trial on April 16 before Manhattan-based federal judge Katherine B. Forrest, who is anadjunct ...

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