Judge Explains Partially Rejecting Magistrate’s Report In MIT ERISA Plan Case

Mealey's (October 10, 2017, 9:56 AM EDT) -- BOSTON — After considering objections from both sides, a Massachusetts federal judge in an Oct. 4 memorandum explained his Sept. 29 order partially accepting and adopting and partially rejecting a magistrate judge’s report and recommendation (R&R) in a lawsuit brought against Massachusetts Institute of Technology (MIT) and its defined-contribution plan alleging breach of fiduciary duty and prohibited transactions under the Employee Retirement Income Security Act (David B. Tracey, et al. v. Massachusetts Institute of Technology, et al., No. 1:16cv11620, D. Mass., 2017 U.S. Dist. LEXIS 161263)....