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Category: Defined Contribution Plans
01 Apr 2020
Your ERISA Watch – Seventh Circuit Rules for Northwestern University in Retirement Plan Investment Dispute
This week’s notable decision is one from a wave of ERISA lawsuits against universities over allegations of imprudent investments and excessive fees. In Divane v. Northwestern Univ., No. 18-2569, __F.3d__, 2020 WL 1444966 (7th Cir. Mar. 25, 2020), the Seventh…
08 Oct 2019
Your ERISA Watch – Second Circuit Revives Excessive Fee Suit Against Investment Advisor
This week’s notable decision is Sacerdote v. Cammack Larhette Advisors, LLC, No. 18-1558, __F.3d__, 2019 WL 4777824 (2d Cir. Oct. 1, 2019), which is one of a series of cases involving university retirement plans and allegations of excessive administrative fees…
09 Jun 2019
Your ERISA Watch – Second and Eighth Circuits Affirm Dismissal of Imprudent Investment Lawsuits Involving SunEdison Stock
This week’s notable decision is Usenko v. MEMC LLC, No. 18-1626, __F.3d__, 2019 WL 2344827 (8th Cir. June 4, 2019), where the Eighth Circuit affirmed the district court’s dismissal of this putative class action alleging that Defendants breached their duty…
19 Jul 2016
ERISA Watch – July 19, 2016
Your reliable source for summaries of recent ERISA decisions Below is Kantor & Kantor LLP’s summary of this past week’s notable ERISA decisions. Good morning, ERISA Watchers! This week’s notable decision is In re Fidelity ERISA Float Litig., No. 15-1445,…
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