Plaintiffs Move To Approve $3.5M Proposed Settlement With Brown University

Mealey's (March 14, 2019, 9:57 AM EDT) -- PROVIDENCE, R.I. — Plaintiffs in a suit alleging that Brown University breached its fiduciary duty in violation of the Employee Retirement Income Security Act in its management of its retirement plans on March 11 filed an unopposed motion to preliminarily approve a $3.5 million class action settlement (Diane G. Short, et al. v. Brown University, No. 17-318, D. R.I.)....