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Employees of JPMorgan May Proceed with Their Lawsuit Over High Drug Costs in Health Plan
Trucker Huss
Mar. 13, 2026 "[T]he court dismissed the breach of fiduciary duty claims finding that Plaintiffs' allegations focused on purported plan design issues, which are a settlor function -- not a fiduciary function; however, the court allowed the prohibited transaction claims alleged by the Plaintiffs to survive, and the action against JPMorgan will proceed." [Stern v. JPMorgan Chase & Co., No. 25-2097 (S.D.N.Y. Mar. 9, 2026)] MORE >> |
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