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SCOTUS Agrees to Hear ERISA 'Excessive Fee' Case
Steptoe & Johnson LLP 
July 6, 2021 "While the Seventh Circuit in Hughes affirmed the dismissal of the plaintiffs' complaint, many of these excessive fees cases have survived motions to dismiss, subjecting plan sponsors and fiduciaries to costly and time consuming discovery.... The Supreme Court's decision to review this issue should bring some clarity to the pleading standard in this hotly litigated area[.]" [Hughes v. Northwestern Univ., No. 18-2569 (7th Cir. Mar. 25, 2020; cert. pet. granted No. 19-1401, Jul. 2, 2020)] MORE >> |
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