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District Court Dismisses ERISA Fiduciary Breach Claims Against J&J
NFP
Jan. 29, 2025 "Following a wave of ERISA fiduciary breach class action lawsuits, the district court's ruling is welcome news for group health plan sponsors ... The decision ... reinforces that participants must demonstrate a personal and concrete injury due to a fiduciary's alleged breach that is redressable by court action; broad speculative claims will not suffice. However, the district court left open the question of whether a participant who did not reach their plan's OOP maximum could potentially establish an injury-in-fact based on excessive prescription drug costs." [Lewandowski v. Johnson & Johnson, No. 24-0671 (D.N.J. Jan. 24, 2025)] MORE >> |
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