CLASS ACTION SETTLEMENT AGREEMENTClass Action Settlement Agreement • April 23rd, 2019 • Tennessee
Contract Type FiledApril 23rd, 2019 JurisdictionThis litigation arises out of a class action alleging breaches of fiduciary duties and prohibited transactions against the defendants under the Employee Retirement Income Security Act of 1974 (ERISA), as amended, 29 U.S.C. § 1001, et seq., with respect to their management, operation, and administration of the Vanderbilt University Retirement Plan and the Vanderbilt University New Faculty Plan (the “Plan”). The defendants deny and continue to deny the allegations, claims and contentions of the Class Representatives, deny that they are liable at all to the Settlement Class, and deny that the Settlement Class or the Plan has suffered any harm or damage for which the defendants could be held responsible