Employee Benefits & Executive Compensation Blog

The View from Proskauer on Developments in the World of Employee Benefits, Executive Compensation & ERISA Litigation

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The Supreme Court Declines to Establish Pleading Standard for Defined Contribution Plan Excessive Fee Litigation

By Myron Rumeld, Tulio Chirinos and Daniel Wesson on Posted in 401(k) Plans, 403(b) Plans, Defined Contribution Plan Investment Litigation, Fiduciary, Fiduciary Breach, Supreme Court
To the disappointment of many in the ERISA community, the Supreme Court issued a six-page opinion on January 24th that declined to opine on most of the issues that were before the Court in Hughes v. Northwestern University, No. 19-1401 (U.S. Jan. 24, 2022). In a unanimous opinion authored by Justice Sotomayor, in which Justice … Continue Reading
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