Browsing Tag
Hughes v. Northwestern
5 posts
Most ERISA Excessive Fee Cases Surviving Motions to Dismiss
Mid-year analysis from Euclid Fiduciary finds plan sponsors only winning about 30% of dismissal motions—fewer than in 2022
A ‘Win’ for Plan Sponsors, Fiduciaries as Excessive Fee Case Dismissal is Upheld
Sixth Circuit issues first published appellate opinion applying Supreme Court’s ERISA ruling in Hughes v. Northwestern
The Dramatic Rise in Excessive 401k Fee Litigation—And Who’s Fighting It
After an unsatisfying Supreme Court decision for retirement plan fiduciaries in Hughes v. Northwestern, the U.S. Chamber of Commerce continues to fight the explosion of cases in a “cottage industry” with a unique strategy meant to get cases dismissed before they get to summary judgments or settlements. Here's an in-depth look at the issue
Hughes v. Northwestern: A Missed Opportunity to Establish a Workable Pleading Standard
Authors Myron D. Rumeld, Tulio D. Chirinos and Daniel Wesson of New York-based law firm Proskauer say the Supreme Court’s recent high-profile ruling does come with a potential silver lining for plan fiduciaries
Hughes v. Northwestern Bottom Line: Harder to Dismiss Cases
Recent Supreme Court opinion means steady flow of 401k and 403b excessive fee cases expected to continue, with motions to dismiss less likely to be granted