University Prevails In D.C. Federal Court On Workers’ Imprudence Claim

Mealey's (January 10, 2019, 12:57 PM EST) -- WASHINGTON, D.C. — Allegations that Georgetown University imprudently selected and retained certain investment options, causing participants in two retirement plans to pay excessively high administrative fees, were rejected outright Jan. 8 by a District of Columbia federal judge in response to a motion to dismiss (Darrell Wilcox and Michael McGuire v. Georgetown University, No. 18-422, D. D.C., 2019 U.S. Dist. LEXIS 3082)....