Member News
May 25, 2018

Chicago Settles Pension Lawsuit for $6.5 Million

The University of Chicago has agreed to pay $6.5 million to settle a class action alleging that it did failed its fiduciary duty to employees in ways that forced them to pay excessive fees in their retirement plan, Investment News reported.
Read Full Article

More news from NAICU

  • Transylvania, UK forge alliance to help advance Kentucky
  • Planned Merger of Findlay and Bluffton Universities Nixed by Findlay
  • KC-area University President Leaves to Lead Utah School
  • Dr. Dean McCurdy Elected 10th President of Colby-Sawyer College
  • Potential Increase in Endowment Tax Has Private Universities on Alert
  • Pro-Palestinian Demonstrators Stage Sit-in at Barnard Over Expulsions
    • Back to Article Overview