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Sacerdote et al v. New York University

  1. January 12, 2024

    NYU Says Jury Trial Request Improper In ERISA Class Action

    New York University told a federal court to reject a jury trial request in a long-running class action alleging the school mismanaged employees' retirement savings, arguing the workers relinquished their right to face jurors years ago and an updated complaint doesn't change that.

  2. July 02, 2019

    Cravath's Ties To NYU Not Enough For New Trial, Judge Says

    A New York federal court ruled that a former judge who rejoined Cravath Swaine & Moore LLP after tossing out a $358 million ERISA class action against New York University was not biased in NYU's favor, rejecting university workers' bid for a new trial.

  3. May 01, 2019

    NYU ERISA Case On 3rd Judge After Ethics Complaint, Death

    A high-profile retirement class action against New York University is now on its third judge in New York federal court after the first joined Cravath Swaine & Moore LLP and the second died before ruling on ethics allegations against the first.

  4. February 13, 2019

    NYU Workers Fight To Revive $358M ERISA Suit

    New York University workers who saw their $358 million retirement plan suit tossed by a judge who later joined Cravath Swaine & Moore LLP fought Wednesday to have it revived, saying the ex-judge's ties to Cravath's chairman, who sits on NYU's board of trustees, tainted the decision.

  5. January 22, 2019

    NYU Workers Defend Ex-Judges In ERISA Row's Ethics Spat

    A class of New York University employee retirement plan participants defended two retired federal judges on Tuesday after NYU insinuated the judges were paid off to say another former federal judge should have recused herself from a bench trial against the school.

  6. January 11, 2019

    Workers Fight NYU Reply On Recusal In Retirement Fund Row

    New York University is seeking the wrong avenue for challenging two retired judges' testimony that former U.S. District Judge Katherine Forrest should have recused herself from a trial over the school's retirement plan, university workers said, urging a federal judge not to let NYU file another response.

  7. January 01, 2019

    ERISA Cases To Watch In 2019

    The Second Circuit's surprise revival of an IBM stock-drop suit and the Ninth Circuit's generous interpretation of how to beat a three-year deadline for filing fiduciary-breach claims in a suit against Intel shook the benefits world last year, landing those cases on a list of six legal battles that benefits lawyers should keep an eye on in 2019, experts say.   

  8. November 30, 2018

    Judge's Ties To Cravath Didn't Corrupt ERISA Row, NYU Says

    Former U.S. District Judge Katherine Forrest's decision to join Cravath Swaine & Moore LLP, which is chaired by a New York University trustee, after ruling in NYU's favor in an Employee Retirement Income Security Act class action didn't create the appearance of impropriety, the university has told a federal court.

  9. October 02, 2018

    NYU Workers Want New Trial After Judge Joins Cravath

    The judge who threw out a $358 million Employee Retirement Income Security Act class action against New York University should have recused herself because she planned to join a law firm chaired by an NYU trustee, according to the workers who brought the suit.

  10. September 11, 2018

    NYU Workers Appeal ERISA Class Action Loss To 2nd Circ.

    A class of New York University workers have appealed to the Second Circuit their recent loss in an Employee Retirement Income Security Act case, seeking another shot in the suit claiming the school's two employee retirement plans were mismanaged to the tune of $358 million in losses.

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