Daily Princetonian: University to recoup $9.6 million for Robertson case defense

Colleges and Universities A-Z Princeton University
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<p>More news in the ongoing Robertson lawsuit:</p>

<p>The University is entitled to nearly $10 million in insurance money to cover some of its legal fees in the Robertson case, a New York appeals court ruled on June 5.</p>

<p>The decision requires the National Union Fire Insurance Company to honor the full amount of the policy, which was purchased the same year in which two University-appointed Robertson Foundation trustees suggested the changes in the management of the Foundation's endowment that eventually led the Robertson family to sue the University.</p>

<p>The Robertson family alleges that Princeton has misused the Foundation's funds by ignoring the intent of the late donors, Charles Robertson '26 and his wife Marie. Though the Robertsons claim that the University has failed to adequately place Wilson School graduates in federal government jobs, especially those in foreign policy, the University maintains that it does an adequate job of placing graduates in the public sector.</p>

<p>University</a> to recoup $9.6 million for Robertson case defense - The Daily Princetonian</p>

<p>For more on the Robertson lawsuit:</p>

<p>Princeton</a> University - Robertson Lawsuit - About the Lawsuit</p>

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<p>After reading parts of the court rulings, it seems Princeton definitely has the upper hand in this trial. The Robertson's claims are somewhat unfounded. 800 million is sure a lot of money though.</p>