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ERISA Litigation

Supreme Court Offers Mixed Guidance on Future of Lawsuits Challenging Investments and Fees in 401(k) and 403(b) Plans

December 17, 2021 By Alston & Bird Tax Team

Oral argument before the U.S. Supreme Court in Hughes v. Northwestern University will have broader implications for both 401(k) and 403(b) plans. It isn’t always easy to read the tea leaves, but our ERISA Litigation Group offers key takeaways from the day and what may come from the Court’s opinion. The Court’s decision will have broader implications for the future of class action litigation regarding fees and investments in all forms of defined contribution plansThe Justices questioned many different aspects of the case, and the decision is not likely to be unanimousVariety is ok, but [...]Read more

Filed Under: ERISA Litigation Tagged With: 401(k) plans, 403(b) plans, class action litigation, defined contribution plans, ERISA, Hughes v. Northwestern University, Supreme Court

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