Hughes v. Northwestern University
| Docket Number | 19-1401 |
| Decision Date | 24 January 2022 |
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78 cases
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Sellers v. Trs. of Bos. Coll.
... ... offer informational and accessibility services to ... participants. See , e.g. , Hughes v ... Northwestern University , --- U.S. ---, 142 S.Ct. 737, ... 741, 211 L.Ed.2d 558 (2022) ... Retirement plans pay fees for ... Vanguard Capital Opportunity Fund (Admiral) (VHCAX),” ... Compl. ¶ 70 (citing Short v. Brown Univ. , No ... 17-cv-00318-M-PAS (D.R.I. July 6, 2017)), and find that the ... CREF Stock Account underperformed all three alternatives, ... ...
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Dean v. Nat'l Prod. Workers Union Severance Trust Plan
... ... S. Ill. Carpenters Welfare Fund v. Carpenters Welfare Fund of Ill. , 326 F.3d 919, 924 (7th Cir. 2003) ; see Hughes Aircraft Co. v. Jacobson , 525 U.S. 432, 44344, 119 S.Ct. 755, 142 L.Ed.2d 881 (1999). Plaintiffs argue that we should create an exception because ... ...
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Albert v. Oshkosh Corp.
... ... While this appeal was pending, the Supreme Court issued its opinion in Hughes v. Northwestern University , U.S. , 142 S. Ct. 737, 211 L.Ed.2d 558 (2022), vacating our decision in Divane v. Northwestern University , 953 F.3d ... at *8 (quoting 47 F.4th 577 Sacerdote v. N.Y. Univ. , No. 16-cv-6284, 2017 WL 3701482, at *13 (S.D.N.Y. Aug. 25, 2017) ). Finally, Albert failed to state a claim for failure to disclose because ... ...
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Bugielski v. AT&T Servs., Inc.
... ... And where the statutory language provides a clear answer, it ends there as well.' " (alterations in original) (quoting Hughes Aircraft Co ... v ... Jacobson , 525 U.S. 432, 438, 119 S.Ct. 755, 142 L.Ed.2d 881 (1999))). Under 406(a)(1)(C), a fiduciary "shall not cause the plan ... See Hughes v ... Northwestern Univ ., U.S. , 142 S. Ct. 737, 742, 211 L.Ed.2d 558 (2022) ("Because the content of the duty of prudence turns on 'the circumstances ... prevailing' at ... ...
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6 firm's commentaries
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Northwestern University’s Alternative Explanations Not Strong Enough To Defeat ERISA Excessive Fee Claims
...Cir. Mar. 23, 2023). Background In January 2022, we reported here on the Supreme Court’s decision in Hughes v. Northwestern University, 142 S. Ct. 737 (2022) and observed that the decision was a disappointment to many in the ERISA community because it failed to provide concrete guidance to ......
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Northwestern University's Alternative Explanations Not Strong Enough To Defeat ERISA Excessive Fee Claims
...Cir. Mar. 23, 2023). Background In January 2022, we reported here on the Supreme Court's decision in Hughes v. Northwestern University, 142 S. Ct. 737 (2022) and observed that the decision was a disappointment to many in the ERISA community because it failed to provide concrete guidance to ......
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Plan Fee Litigation: The Tide May Be Turning In Favor Of Plan Fiduciaries
...v. Merino, 452 F.3d 174, 182 (2d Cir. 2006) (internal quotation omitted). 14. April Hughes, et al., v. Northwestern University, et al., 142 S.Ct. 737 15. Hughes, 142 S.Ct. at 742. 16. Matousek, et al., v. MidAmerican Energy Co., et al., 2022 WL 6880771, __ F.4th __ (8th Cir. 2022). 17. Albe......
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Should Congress Micromanage 401(k) Investments?
...comply with ERISA's fiduciary standards. The U.S. Supreme Court recognized this in its 2022 Hughes v. Northwestern University decision (142 S. Ct. 737), and this flexibility is important given that even investment professionals don't agree on the best way to invest. Is exchanging flexibilit......
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