Corrected Stipulation Of Class Certification Adopted In Suit Against Columbia University

Mealey's (November 20, 2018, 11:30 AM EST) -- NEW YORK — A New York federal judge on Nov. 15 adopted a corrected joint stipulation for class certification in a suit alleging that Columbia University breached its duty of prudence to its retirement plan participants and beneficiaries by causing the university’s retirement plans to incur excessive administrative fees and by failing to monitor the plans’ investment options (Chandra Cates, et al v. The Trustees of Columbia University in the City of New York, et al., No. 16-6524, S.D. N.Y.)....