Federal Judge Partially Rejects Magistrate’s Report In MIT ERISA Plan Case

Mealey's (October 4, 2017, 10:10 AM EDT) -- BOSTON — After considering objections from both sides, a Massachusetts federal judge on Sept. 29 partially accepted and adopted and partially rejected a magistrate judge’s report and recommendation in a lawsuit brought against a university and its defined-contribution plan alleging breach of fiduciary duty and prohibited transactions under the Employee Retirement Income Security Act (David B. Tracey, et al. v. Massachusetts Institute of Technology, et al., No. 1:16cv11620, D. Mass., 2017 U.S. Dist. LEXIS 161263)....