In Massachusetts, MIT Preliminary Settlement Is Partly Allowed

Mealey's (January 13, 2020, 8:53 PM EST) -- BOSTON — A motion for preliminary approval of a settlement involving the Massachusetts Institute of Technology (MIT) retirement plan was allowed in part Jan. 7 by a federal judge in Massachusetts, who indicated in a handwritten note that attorney fees in the case will be less than what was originally sought by the parties (David B. Tracey, et al. v. Massachusetts Institute of Technology, et al., No. 16-11620, D. Mass.)....