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Ninth Circuit Rejects Plaintiffs Challenge to 401(k) Investments in Private Equity
Kilpatrick Townsend
June 6, 2025 "The Ninth Circuit's decision ... demonstrates that providing detailed disclosures about plan investments to plan participants can help to protect against fiduciary liability. Further, [it] reinforces that claims about investment option performance should require identification of 'meaningful benchmarks' of funds with similar risk and investment aims against which the investment option's performance should be measured." [Anderson v. Intel Corp. Inv. Policy Comm., No. 22-16268 (9th Cir. May 22, 2025)] MORE >> |
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