Harvard, Dartmouth, Cal Tech and other top universities don’t have to provide certain details about their relationships with retirement plan recordkeeper TIAA in a lawsuit challenging the company’s sales activities, a Manhattan federal judge ruled.
Judge Katherine Polk Failla on Thursday denied a motion to compel filed by prominent ERISA plaintiffs’ firm Schlichter Bogard LLC in its lawsuit accusing TIAA of abusing its position to harvest personal financial data about retirement plan participants. Schlichter wanted the schools—which aren’t parties to the underlying lawsuit—to produce documents related to their arrangements with TIAA, including information about the company’s promotional activities and revenue, ...