Additional Briefing Requested On Adequacy Of Proposed Settlement With Duke University

Mealey's (February 1, 2019, 11:23 AM EST) -- GREENSBORO, N.C. — A North Carolina federal judge on Jan. 29 requested that participants in Duke University’s retirement plan supplement their motion for preliminary approval of a $10.6 million settlement it reached with the university in two class actions alleging excessive fees and imprudent investment funds in violation of the Employee Retirement Income Security Act to further address the adequacy of the proposed settlement (David Clark, et al. v. Duke University, et al., No. 16-1044, and Kathi Lucas, et al. v. Duke University, et al., No. 18-722, M.D. N.C.)....