"It is interesting that the Supreme Court requested briefs from DOL with respect to both certiorari petitions and that DOL is now taking an explicitly pro-sponsor position. Indeed, in Home Depot the position it is arguing for -- that the plaintiff bears the burden of showing loss-causation -- is a reversal of the position it had taken in two previous amicus briefs to the Court.... In its briefs DOL cites concerns about excessive litigation resulting in 'increased costs,' decreased 'efficiency' and 'predictability,' and a reduction in 'investment choices.' " 
[Johnson v. Parker-Hannifin Corp., No. 24-3014 (6th Cir. Nov. 20, 2024; cert. pet filed Mar. 26, 2025, No. 24-1030; DOL amicus brief filed Dec. 9, 2025); Pizarro v. Home Depot, No. 22-13643 (11th Cir. Aug. 2, 2024; cert. pet. filed Dec. 3, 2024; DOL amicus brief filed Dec. 9, 2025)]   MORE >>