Savings

New York University is urging a federal court to reject a jury trial request in an ongoing class action lawsuit. The university is facing allegations of mismanaging its employees’ retirement savings. According to NYU, the workers had previously given up their right to a jury trial. In the long-running legal battle, NYU contends that the employees voluntarily agreed to resolve any disputes through arbitration. The university argues that this agreement should be upheld and claims of mismanagement should be handled outside of the courtroom. The lawsuit against NYU alleges that the university failed to act … Read more