Plan Participants Seek Rehearing In ERISA Case Against Northwestern

Mealey's (April 27, 2020, 1:19 PM EDT) -- CHICAGO — Citing the U.S. Supreme Court’s recent denial of certiorari in a case involving the pleading standard for breach of fiduciary duty claims under the Employee Retirement Income Security Act, a group of participants in two Northwestern University retirement plans in an April 22 petition urge the Seventh Circuit U.S. Court of Appeals to rehear its own recent dismissal of fiduciary breach allegations against the school (Laura L. Divane, et al. v. Northwestern University, et al., No. 18-2569, 7th Cir.)....