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Supreme Court Denies Cert in Hecker ERISA Case
Workplace Prof Blog Link to more items from this source
[Guidance Overview]
Jan. 19, 2010
Excerpt: The Court today denied cert in Hecker v. Deere & Co., ... and so we are left with a troubling precedent in the ERISA excessive fees class action area. The denial of cert. was surprising both because the Court accepted cert. in an ERISA attorneys fees case just this past Friday, and as BNA Daily Labor Report put it, 'the case has spawned a large-scale debate among Employee Retirement Income Security Act practitioners, fiduciaries, and academics over the fiduciary responsibilities tied to the investment choices made for 401(k) plans.'

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