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Violation Tracker Individual Record

Company: University of Miami
Penalty: $1,850,000
Year: 2022
Date: April 7, 2022
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: The University of Miami agreed to pay $1.85 million to settle class action litigation alleging its retirement plan imposed excessive fees on participants.
Level of Government: federal
Action Type: private litigation
Court: Southern District of Florida
Civil or Criminal Case: civil
Case ID: 1:20cv21784
Case Name: Santiago et al v. University of Miami
Private Lawsuit Resolution Type: settlement
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.