Plan Participants Ask 7th Circuit To Reverse Dismissal Of Fiduciary Breach Claims

Mealey's (February 7, 2019, 3:56 PM EST) -- CHICAGO — Plan participants in a Jan. 14 brief ask the Seventh Circuit U.S. Court of Appeals to reverse a lower court’s dismissal of their lawsuit against Northwestern University Retirement Plan and the university itself for alleged violations of fiduciary duty, contending that other federal circuit courts have recognized their allegations as fiduciary breaches pursuant to the Employee Retirement Income Security Act (Laura L. Divane, et al. v. Northwestern University, et al., No. 18-2569, 7th Cir.)....

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