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Plan Sponsors Are Getting No Answers from Excessive Fee Lawsuits
PLANSPONSOR; free registration may be requiredLink to more items from this source
Dec. 14, 2021

"Excessive fee lawsuit activity has ramped up with no major decisions by the courts; however, a pending decision by the U.S. Supreme Court in one case could impact the amount of activity going forward.... In short, there is a great deal of activity when it comes to ERISA excessive fee lawsuits, but very few answers." [Hughes v. Northwestern Univ., No. 18-2569 (7th Cir. Mar. 25, 2020; oral arg. transcript Dec. 6, 2021)]

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