No. 21-724

New York University v. Dr. Alan Sacerdote, et al.

Lower Court: Second Circuit
Docketed: 2021-11-16
Status: Denied
Type: Paid
Relisted (2) Experienced Counsel
Tags: class-action class-shares employee-retirement-plans erisa fiduciary-duty mutual-funds prudence retirement-plans
Key Terms:
Arbitration ERISA
Latest Conference: 2022-02-18 (distributed 2 times)
Question Presented (AI Summary)

Whether the bare allegation that New York University offered retail-class shares of certain mutual funds rather than lower-cost institutional-class shares states a claim that NYU breached its fiduciary duty of prudence

Question Presented (from Petition)

QUESTION PRESENTED Whether the bare allegation that New York University (“NYU”) offered retail-class shares of certain mutual funds rather than lower-cost institutional-class shares of the same mutual funds in its employee retirement plans states a claim that NYU breached its fiduciary duty of prudence under the Employee Retirement Income Security Act of 1974, 29 U.S.C. §1104(a)(1)(B). @

Docket Entries

2022-02-22
Petition DENIED.
2022-02-11
DISTRIBUTED for Conference of 2/18/2022.
2022-01-27
Supplemental brief of respondents Dr. Alan Sacerdote, et al. filed.
2021-12-29
DISTRIBUTED for Conference of 1/14/2022.
2021-12-28
Reply of petitioner New York University filed. (Distributed)
2021-12-15
Brief of respondents Dr. Alan Sacerdote, et al. in opposition filed.
2021-11-12
Petition for a writ of certiorari filed. (Response due December 16, 2021)

Attorneys

Dr. Alan Sacerdote, et al.
Jerome J. SchlichterSchlichter, Bogard & Denton, LLP, Respondent
Jerome J. SchlichterSchlichter, Bogard & Denton, LLP, Respondent
New York University
Seth P. WaxmanWilmer Cutler Pickering Hale and Dorr LLP, Petitioner
Seth P. WaxmanWilmer Cutler Pickering Hale and Dorr LLP, Petitioner