Amicus Entities Note ‘Uniquely Diverse’ Population In ERISA Fees, Funds Case

Mealey's (June 3, 2022, 2:49 PM EDT) -- BOSTON — Arguing that the “context-specific inquiry prescribed” in cases including Hughes v. Northwestern University “requires this Court to consider the uniquely diverse population that hospitals serve,” the Chamber of Commerce of the United States of America, American Hospital Association and Association of American Medical Colleges on May 24 filed an amicus curiae brief in a Massachusetts federal court supporting dismissal of a putative class suit that challenges fees and funds in jointly administered retirement plans....