Federal Jury Issues Verdict In ERISA Class Action Over Fees, Funds And Bundling

(June 29, 2023, 10:43 AM EDT) -- NEW HAVEN, Conn. — A Connecticut federal jury on June 28 rendered a verdict largely in favor of Yale University and related defendants, concluding a monthlong trial in an Employee Retirement Income Security Act class action over record-keeping and administrative fees, investment monitoring, share classes and a bundled services arrangement with the Teachers Insurance and Annuity Association of American (TIAA)....

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