CUE Suit Progress
The Coalition of
University Employees was one of three parties who filed a suit in April
alleging that UC violated California Public Records law by refusing to disclose
individual results of UC's investments in venture-capital funds. A detailed
update on the course of the suit is available at http://ist-socrates.berkeley.edu/~schwrtz.
This is the Web site of Charles Schwartz, a retired UC professor who is also a
party in the suit.
As ordered by the
court, UC has posted details of its investments, released minutes of closed
Regents meetings on investments, and agreed in stipulation to pay plaintiffs'
legal costs through September. A request limiting further use of closed Regents
meetings has been denied. UC intends to file a further appeal.