Northwestern To 7th Circuit: Under Hughes, ERISA Imprudence Claims Still Fail

Mealey's (July 7, 2022, 1:25 PM EDT) -- CHICAGO — Arguing in a July 1 appellee brief that the pleading standard the U.S. Supreme Court articulated in vacating the Seventh Circuit U.S. Court of Appeals’ previous decision in the Employee Retirement Income Security Act case still requires dismissing the complaint, Northwestern University and related entities and individuals also assert that retirement plan participants have forfeited their argument for bringing a new claim ....

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