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Fiduciary Litigation Update, January 2025
CAPTRUST 
Feb. 3, 2025 "[1] American Airlines breached duty of loyalty, but not prudence, in ESG case -- on unique facts.... [2] UnitedHealth group settles target-date-fund challenge for $69 million settlement amid conflict-of-interest allegations.... [3] Pension settlements: legal challenges continue.... [4] Supreme Court hears case on what's needed in a viable ERISA complaint, oral argument did not suggest an outcome.... [5] Vanguard settles target-date-fund claim for $40 million -- along with a $106 million penalty." MORE >> |
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