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Brief of Amici Curiae to the 7th Circuit Court of Appeals in Abbott v. Lockheed Martin Corporation (PDF)
U.S. Chamber of Commerce; ERISA Industry Committee; American Benefits Council
Feb. 21, 2013 31 pages. "This Court has already made clear that a fund's performance must be evaluated in relation to its own disclosures, not to the performance or profile of other funds that share similar labels. Allowing a plaintiff to certify a class -- even provisionally -- on this rejected theory of liability would impose significant adverse consequences on the sponsors, administrators, and beneficiaries of ERISA plans." MORE >> |
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