California Federal Judge Won’t Dismiss ERISA Fees, Funds Lawsuit

(October 9, 2023, 2:15 PM EDT) -- OAKLAND, Calif. — Repeatedly citing Hughes v. Northwestern Univ. (Hughes II), a California federal judge denied a motion to dismiss a putative class case in which 401(k) plan participants assert an imprudence claim under the Employee Retirement Income Security Act over record-keeping fees and certain fund offerings....