Federal Judge Dismisses All But Excessive Fee Claim In University ERISA Suit

Mealey's (April 5, 2021, 1:30 PM EDT) -- MIAMI — A federal judge in Florida on March 26 affirmed and adopted a magistrate judge’s report recommending dismissal with leave to amend all but a duty of prudence claim related to evaluating and monitoring fees alleged in a putative class fiduciary duty lawsuit brought against the University of Miami by defined contribution plan participants....