• Skip to content
  • Skip to primary sidebar

Davis+Gilbert LLP

From our base in New York, we represent a diverse range of clients across the country and around the world.

  • People
  • Services
  • Emerging Issues
Insights + Events
bookmarkprintPDFShare>

Publication - March 10, 2019

Employee Relations Law Journal | Sacerdote v. NYU: Lessons for Plan Fiduciaries

Over the last few years lawsuits have been filed against approximately 20 university retirement plans. Typically, the lawsuits allege that plan fiduciaries breached their duties by offering poorly performing funds and allowing their plans to pay excessive fees. Defendants include:

  • Brown University;
  • Columbia University;
  • Cornell University;
  • Duke University;
  • Emory University;
  • Georgetown University;
  • George Washington University;
  • The Johns-Hopkins University;
  • Massachusetts Institute of Technology;
  • Northwestern University;
  • New York University (NYU);
  • Princeton University;
  • University of Chicago;
  • University of Pennsylvania;
  • University of Southern California;
  • University of Rochester;
  • Vanderbilt University;
  • Washington University; and
  • Yale University.

Among these lawsuits, one of the first major decisions was Sacerdote v. NYU (referred to herein as the NYU case) which offers several important lessons for plan committees regarding their fiduciary duties under ERISA.

Continue reading this articleDownload

Primary Sidebar

Related People

  • Attorney Mark Bokert

    Mark E. Bokert

    Partner/Co-Chair

    Area Of Focus

    • Benefits + Compensation
    212 468 4969
    mbokert@dglaw.com
  • Attorney Alan Hahn

    Alan Hahn

    Partner/Co-Chair

    Area Of Focus

    • Benefits + Compensation
    212 468 4832
    ahahn@dglaw.com
  • View All

Related Services

  • Benefits + Compensation

Get the latest insights from Davis+Gilbert

Subscribe
  • Sitemap
  • Privacy Policy
  • Terms and Conditions
  • Accessibility Statement
  • About Us
  • Location
  • Subscribe
© 2025 Copyright Davis+Gilbert LLP. Attorney Advertising.
  • People
  • Services
  • Emerging Issues
  • Insights + Events
  • Culture + Community
  • Pro Bono + Corporate Social Responsibility
  • Careers
  • About Us
  • Subscribe
  • Location
This site uses cookies to store information on your device. These cookies either support essential functions of the site or are used to develop analytics regarding usage of our site. Click Accept to continue using the site with our recommended settings or click Decline to disable non-essential cookies.AcceptDecline