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INDEPENDENT SINCE 1880

The Corne¬ Daily Sun Vol. 133, No. 2

TUESDAY, AUGUST 23, 2016

!

ITHACA, NEW YORK

28 Pages – Free

News

Arts

Sports

Weather

Moving On

For the Ages

Just Do It

Sunny HIGH: 82º LOW: 58º

Cornell’s Phi Mu fraternity will move into a new house on North Campus next fall.

Nick Swan ’19 asks just what age of artistry we’re in right now.

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Jon Anderson ’71 reflects on winning the Boston Marathon and competing in the 1972 Olympics. | Page 28

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CONNOR ARCHARD / SUN FILE PHOTO

sider more affordable alternatives to the current plan. “We contend that Cornell University has breached its fiduciary duties to protect the retirement assets of its employees and retirees,” said Jerry Schlichter, one of the firm’s founders and managing partners, in the release. “The law is intended to protect the retirement assets of these university employees just as it is for employees of for-profit companies.” Schlichter, Bogard & Denton has filed 20 similar complaints and secured nine settlements on behalf of employees in the past 10 years, according to the release. The University will “vigorously defend” itself against the litigation, according to spokesperson John Carberry. “Cornell University continues to responsibly manage its

Comedian Pete Davidson, currently the youngest member of Saturday Night Live, will bring his stand up to Bailey Hall Sep. 17, according to a Cornell University Programming Board press release. Davidson was named one of the ‘Top 10 Comics to Watch’ by Variety magazine in 2014 and was featured in Comedy Central’s 2015 Justin Bieber Roast. He also appeared in Trainwreck and MTV’s Guy Code. The CUPB selected Davidson, 22, because they believed his humor would resonate with college students, according to selections chairperson Maria Mu ’19. DAVIDSON “As a young performer, his observational humor taps into experiences that a college audience can relate to,” Mu said. CUPB executive chairperson Gabe Diamond ’19 added that the board has been interested in bringing Davidson to Cornell “for the past few semesters.” “With his growing popularity on SNL, we thought this was the perfect time for him to come,” Diamond said. Balcony tickets will cost $9 for Cornell students and $15 for the general public, according to the release. Student tickets go on sale today and general tickets will go on sale tomorrow.

See LAWSUIT page 5

— Compiled by Stephanie Yan

Drastic debts | Over 20,000 Cornell employees are represented in a lawsuit claiming that the University charged excessive retirement plan fees.

In Lawsuit, Employees Contend C.U. Collected Exorbitant Retirement Plan Fees By SO HYUNG KIM Sun Staff Writer

Cornell employees are filing a class action lawsuit against the University, claiming that fees for retirement plans are excessively high, according to a release from law firm Schlichter, Bogard & Denton. The firm, based on St. Louis, filed Casey Cunningham v. Cornell University, et al. on Aug. 17, on behalf of over 20,000 employees at Cornell. The suit claims that Cornell has violated the Employee Retirement Income Security Act by requiring retirement plan participants to pay millions of dollars in fees for administrative and investment services, according to the release. The complaint also alleges that the University failed to con-

Comic Davidson To Perform at C.U.

Profs: Master’s of Accounting Simeon’s to Reopen After Crash Designed to Meet Student‘Need’ Will welcome customers to renovated building Friday Little said the creation of the Sun Staff Writer degree was inspired by students who were forced to apply for Students searching for a master’s accounting programs at other unidegree in accounting will soon need versities when “we [could have met] that need right to look no furhere at ther than the “We worked really hard to Cornell.” Samuel Curtis [accommodate] students He added Jo h n s o n Graduate with different educational that having a master’s of School of backgrounds.” accounting Management. available to stuT h e Prof. John Little dents will school’s new encourage master’s program, formally titled the ‘Master of undergraduates who have finished Professional Studies in their curricula to pursue another Management,’ will open its doors field of study. “Many of our students graduate a to students in fall 2017. John Little, a professor of practice in the year or at least a semester early,” Little Dyson School of Applied said. “The MAcc program will provide Economics and Management, will See MACC page 4 direct the program. By RACHEL WHALEN

By ISABEL LING

Sun Staff Writer

Two years after a car carrier collided with the restaurant, Simeon’s on the Commons will reopen its doors this weekend after completing extensive construction work. The Ithaca restaurant, which had originally planned to open this past summer, will be holding a soft opening this Friday. The interior of the restaurant has been renovated and will feature three new dining experiences, including the casual Oyster Room, a more lively Tavern Room and a balcony dining

KELLY YANG / SUN FILE PHOTO

A tragic crash | The building on the corner of Aurora and East State Street, after a tractor-trailer barreled into it on June 20, 2014. This facade has now been restored close to its original appearance.

space, according to owner Dean Zervos. The restaurant’s exterior was also completely remodeled after the crash. The building, first erected in 1871, has served as a gathering place throughout much of Ithaca’s local history, according to Simeon’s website. The current owners hope to capitalize on the historical significance of the space in its revitalization. “We want Simeon’s to be a destination,” Zervos said. “We hope that our restaurant will become a reason for people to travel to downtown Ithaca.” See SIMEON’S page 5


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