Emily Costin comments on the ERISA implications of the U.S. Supreme Court decision in Hughes vs. Northwestern University, noting why plan fiduciaries may offer fewer investment choices as a result.
In the News
January 28, 2022
Pensions & Investments | Supreme Court Backs DC Participants, but Industry Members Left Wanting More Guidance
Related News & Insights
-
In the News December 13, 2021Pensions & Investments | Court Ponders Whether DC Improvements Prove Imprudent PastEmily Costin is quoted on the U.S. Supreme Court oral arguments in Hughes vs. Northwestern University and the implications for retirement plan fiduciaries.
-
General Publications May 26, 2023“Revenue Sharing Argument Might Save Barrick in 401(k) Case,” Law360, May 26, 2023.This article explores the Tenth Circuit’s ERISA oral arguments in Matney v. Barrick Gold, the first case in the circuit concerning pleading standards for certain excessive-fee claims since the U.S. Supreme Court’s Hughes v. Northwestern decision.
-
In the News February 1, 2022Benefits Pro | How the Supreme Court Ruling on Northwestern’s 403(b) Plan Could Affect 401(k) FiduciariesEmily Costin and Ellie Studdard comment on how the U.S. Supreme Court Hughes v. Northwestern University decision might affect 401(k) fiduciaries.
-
In the News January 25, 2022Plansponsor, Planadvisor | What the Supreme Court’s Northwestern Ruling Means in PracticeEmily Costin comments on the U.S. Supreme Court’s ruling in the Employee Retirement Income Security Act (ERISA) lawsuit Hughes v. Northwestern University and how the opinion may inspire plan fiduciaries to offer fewer investment options.
-
Blog Posts December 17, 2021Supreme Court Offers Mixed Guidance on Future of Lawsuits Challenging Investments and Fees in 401(k) and 403(b) Plans
Oral argument before the U.S. Supreme Court in Hughes v. Northwestern University will have broader implications for both 401(k) and 403(b) plans. It isn’t always easy to read the tea leaves, but our ERISA Litigation Group offers key takeaways from the day and what may come from the Court’s opinion. The Court’s decision will have broader implications for the future of class action litigation regarding fees and investments in all forms of defined contribution plansThe Justices questioned many different aspects of the case, and the decision is not likely to be unanimousVariety is ok, but [...]Read more
The post Supreme Court Offers Mixed Guidance on Future of Lawsuits Challenging Investments and Fees in 401(k) and 403(b) Plans appeared first on Alston & Bird Tax Blog.
Media Contact