Brown to pay $3.5M in settlement
of lawsuit over retirement plans

BROWN UNIVERSITY says it's willing to pay $3.5 million to settle a class-action lawsuit filed by participants of the university's 403(b) retirement plans. The plaintiffs accuse Brown of not meeting its fiduciary duties. / COURTESY BROWN UNIVERSITY
BROWN UNIVERSITY says it's willing to pay $3.5 million to settle a class-action lawsuit filed by participants of the university's 403(b) retirement plans. The plaintiffs accuse Brown of not meeting its fiduciary duties. / COURTESY BROWN UNIVERSITY
PROVIDENCE – Brown University has agreed to pay $3.5 million to settle a class-action lawsuit that alleged the university breached its fiduciary duties in the…

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