Over the past year, a new and sobering risk has emerged for college and university trustees and senior leaders—and it’s no longer just financial. It’s legal and personal.
In multiple recent cases, students, alumni, faculty, and even former trustees have filed lawsuits against institutional leadership—alleging negligence, breach of fiduciary duty, and financial mismanagement in the wake of college closures or near-collapse. These suits are gaining momentum, media coverage, and in some cases, traction in the courts.
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