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Supreme Court Ruling May Cause More Fiduciary Lawsuits
Smith & Downey, P.A. 
Jan. 27, 2022 "[M]any plan fiduciaries simply add 'ESGs' to investment lineups and assume it is prudent because there are other funds in the same investment category that clearly meet the prudent selection requirements. This Supreme Court decision states clearly that all funds, including ESGs, must stand on their own as prudent investment options." [Hughes v. Northwestern Univ., No. 19-1401 (S. Ct. Jan. 24, 2022)] |
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