Yale Employees Want Class Status in Retirement Plan Lawsuit
Yale University workers who sued the school over their retirement plan want a federal judge to certify their case as a class action covering more than 14,000 people.The workers say Yale’s retirement plan carried excessive fees and offered poorly performing investment options. Their Jan. 15 motion comes nine months after a federal judge in Connecticut largely denied the school’s attempt to have the case dismissed.At least 20 prominent colleges have been sued over their retirement plans since 2016. Cases against New York...