Wednesday, April 21, 2021

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James Worrell

Poor management sparks company retirement plan lawsuits

While today’s economy appears strong following years of a rising stock market and solid gains by bonds, economists’ predictions of a recession could lead...
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 to pay $3.5M in settlement of lawsuit over retirement...

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...

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