Retirement Plan Participants Seek Approval Of $10.6M Settlement With Duke University

Mealey's (January 22, 2019, 10:29 AM EST) -- GREENSBORO, N.C. — Participants in Duke University’s retirement plan on Jan. 16 moved for a North Carolina federal court to preliminarily approve a $10,650,000 settlement it reached with the university in their class suit alleging excessive fees and imprudent investment funds in violation of the Employee Retirement Income Security Act (David Clark, et al. v. Duke University, et al., No. 16-1044, M.D. N.C.)....