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Yale New Haven Order on Motion to Dismiss
The U.S. District Court for the District of Connecticut yesterday largely dismissed a lawsuit alleging that Yale New Haven Hospital violated its fiduciary duties by selecting a retirement plan with excessive fees or poorly performing investments. The court allowed certain ancillary claims related to the plan’s recordkeeping fees to go forward.
Federal Court Dismisses Central Claims in Hospital Retirement Plan Case
The U.S. District Court for the District of Connecticut yesterday largely dismissed a lawsuit alleging that Yale New Haven Hospital violated its fiduciary duties by selecting a retirement plan with excessive fees or poorly performing investments.