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New York University v. Sacerdote

Certiorari Denied

Petition for certiorari denied on February 22, 2022.

Docket No.21-724
Op. Below2nd Cir.

Issue

Whether the bare allegation that New York University 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.

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