Columbia University Agrees To $13M Settlement Of ERISA Retirement Plan Dispute

(May 25, 2021, 1:23 PM EDT) -- NEW YORK — Columbia University trustees have agreed to a $13 million settlement of the remaining claims in retirement plan participants’ Employee Retirement Income Security Act fiduciary duty class action but deny the allegations, the participants said in May 21 filings in a New York federal court, including an unopposed motion for preliminary settlement approval....