Federal Judge Preliminarily Approves Settlement In Duke Retirement Plan Suit

Mealey's (February 11, 2019, 11:47 AM EST) -- GREENSBORO, N.C. — A North Carolina federal judge on Feb. 7 granted a motion for preliminary approval of a $10.6 million class action settlement in a suit filed by participants in Duke University’s 403(b) retirement plan after concluding that the settlement is fair, reasonable and adequate (David Clark, et al. v. Duke University, et al., No. 16-1044; Kathi Lucas, et al. v. Duke University, et al., No. 18-722, M.D. N.C.)....