A Texas court's recent ruling that allowed a negligence lawsuit to proceed against 12 former administrators at Texas A&M University has some higher-education legal experts concerned about campus officials' liability in a variety of situations, including fraternity initiations, housing accidents, and student suicides. The decision was in favor…

This article reports that as many as five colleges or charitable foundations whose endowments have suffered significant investment losses or were unable to access money in their accounts in recent months are considering legal action against their brokers or investment managers, alleging misrepresentation of risk or mismanagement. Jacob H.…