Law firm Schlichter, Bogard & Denton LLP filed the lawsuit against Duke University's retirement plan. (Photo: Duke University Law School building, free photo handout)

Duke University is in the hotseat, after a federal judge refused to dismiss a lawsuit targeting its retirement plan.

The Duke Chronicle reports that Judge Catherine C. Eagles of the U.S. District Court for the Middle District of North Carolina has issued a mixed ruling on the university’s request to dismiss a lawsuit accusing its retirement plan of excessive fees and poor investments.

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