Short v. Brown Univ.

WILLIAM E. SMITH, Chief Judge.

I. Introduction

This case is one of many, look-alike lawsuits filed nationwide by current and former members of faculty and staff of private (mainly elite) universities in which it is alleged that the universities imprudently managed retirement accounts to the detriment of their employee-plan participants. Plaintiffs Diane G. Short, Samira Pardanani, Judith Daviau, and Joseph Barboza (collectively, "Plaintiffs"), eligible faculty and staff at Defendant Brown University ("Brown" or "Defendant"), and vested participants in one of Brown's two retirement plans, sue…