Panel Reinstates ERISA Claims Relating To Fees, Affirms Dismissal Otherwise

Mealey's (May 26, 2020, 11:46 AM EDT) -- ST. LOUIS — The Eighth Circuit U.S. Court of Appeals on May 22 agreed with a Missouri federal judge that allegations that 403(b) retirement plan fiduciaries ignored persistently underperforming investment options fail in view of the plaintiffs’ inability to identify a meaningful benchmark (Latasha Davis, et al. v. Washington University in St. Louis, et al., No. 18-3345, 8th Cir., 2020 U.S. App. LEXIS 16392)....