Chamber Files Amicus Statement On Remand After High Court’s ERISA Prudence Ruling

Mealey's (April 11, 2022, 1:41 PM EDT) -- CHICAGO — The recent U.S. Supreme Court decision on the pleading standard for breach of the duty of prudence confirms that an Employee Retirement Income Security Act complaint “lacking direct allegations of wrongdoing cannot rely solely on inferences from circumstantial facts that are equally consistent with lawful behavior,” the U.S. Chamber of Commerce argues in an April 6 amicus curiae brief before the Seventh Circuit U.S. Court of Appeals....

Attached Documents

Related Sections