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 plans
- The Justices questioned many different aspects of the case, and the decision is not likely to be unanimous
- Variety is ok, but keep an eye on fees
Read the full advisory here.
