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Supreme Court Agrees to Hear Northwestern University Excessive Fee Case
October Three ConsultingLink to more items from this source
July 7, 2021

"The decision to review this case presents the possibility that the Court will for the first time speak to issues that plaintiffs and defendants have been disputing for at least a decade. [This article highlights] what is (perhaps) the most significant of those issues -- the ERISA pleading standard for claims a plan fiduciary authorized or allowed a plan to pay excessive/imprudent investment and/or recordkeeping fees." [Hughes v. Northwestern Univ., No. 18-2569 (7th Cir. Mar. 25, 2020; cert. pet. granted No. 19-1401, Jul. 2, 2020)]

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