On Monday, the U.S. Supreme Court vacated the Seventh Circuit’s decision in Hughes v. Northwestern University, an important ERISA case. Although the Court’s decision vacated a Seventh Circuit victory for plan sponsor...more
1/28/2022
/ Benefit Plan Sponsors ,
Duty of Prudence ,
Employee Retirement Income Security Act (ERISA) ,
Excessive Fees ,
Hughes v. Northwestern University ,
Plan Participants ,
Pleading Standards ,
Remand ,
Retirement Plan ,
Retirement Plan Providers ,
SCOTUS ,
Vacated
Welcome to Goodwin’s ERISA Litigation Update. Litigation involving ERISA-governed benefits plans has exploded in recent years. Lawyers in our award-winning ERISA Litigation practice have extensive experience litigating these...more
12/17/2021
/ Benefit Plan Sponsors ,
Breach of Duty ,
Defined Contribution Plans ,
Department of Labor (DOL) ,
Duty of Loyalty ,
Duty of Prudence ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
ERISA Litigation ,
Excessive Fees ,
Fiduciary Duty ,
Investment Management ,
Investment Products ,
Investors ,
Oral Argument ,
Pleading Standards ,
Retirement Plan
On December 6, 2021, the U.S. Supreme Court heard argument in Hughes v. Northwestern University, a case debating the allegations necessary to state a plausible claim for breach of ERISA’s fiduciary duties in cases challenging...more
12/9/2021
/ 403(b) Plans ,
Breach of Duty ,
Certiorari ,
Defined Contribution Plans ,
Duty of Prudence ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Oral Argument ,
Pleading Standards ,
Retirement Plan ,
SCOTUS
Welcome to Goodwin’s ERISA Litigation Update. Litigation involving ERISA-governed benefits plans has exploded in recent years. Lawyers in our award-winning ERISA Litigation practice have extensive experience litigating these...more
7/30/2021
/ 401k ,
Administrative Expenses ,
Benefit Plan Sponsors ,
Breach of Duty ,
Certiorari ,
Class Certification ,
Co-payments ,
Defined Contribution Plans ,
Duty of Loyalty ,
Duty of Prudence ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Excessive Fees ,
Fiduciary Duty ,
Forum Selection ,
Health Plan Sponsors ,
Investors ,
Motion to Dismiss ,
Pensions ,
Pleading Standards ,
Prescription Drugs ,
Retirement Plan ,
Thole v U.S. Bank
The U.S. Court of Appeals for the Second Circuit on Thursday, February 4, affirmed the dismissal of an ERISA class-action lawsuit filed against General Electric Company and its former CEO. The complaint had alleged the...more
2/8/2021
/ 401k ,
Appeals ,
Breach of Duty ,
Class Action ,
Dismissals ,
Duty of Prudence ,
Employee Retirement Income Security Act (ERISA) ,
ERISA Litigation ,
Fiduciary Duty ,
Publicly-Traded Companies ,
Retirement Plan ,
Stock Options