Amici Support University, Urging High Court To Affirm That ERISA Fees Claims Fail

Mealey's (October 29, 2021, 1:10 PM EDT) -- WASHINGTON, D.C. — In amicus curiae briefs filed Oct. 27 and 28 before the U.S. Supreme Court, more than two dozen entities support Northwestern University’s Oct. 21 respondent brief arguing that a federal judge in Illinois did not err in rejecting allegations that its defined-contribution retirement plan runs afoul of the Employee Retirement Income Security Act because “the duty of prudence is not breached simply” by “marginal cost differences among certain investment options that are otherwise sound.”...