Additional Time For Class Certification Response Granted In ERISA Fees Lawsuit

Mealey's (April 12, 2021, 2:09 PM EDT) -- ST. LOUIS — A federal judge in Missouri on April 9 granted a motion by Washington University in St. Louis and the Washington University in St. Louis Board of Trustees (Wash U, collectively) for an extension to respond to a class certification motion filed by 403(b) retirement plan participants in a lawsuit alleging that excessive administrative and record-keeping fees led to lower overall returns....