Hughes v. Northwestern: Supreme Court Revives ERISA Lawsuit

Hughes v. Northwestern involved allegations that Northwestern University and its retirement-plan fiduciaries breached ERISA duties by failing to control recordkeeping fees, retaining higher-cost investment options, and offering an overly complex investment lineup. The Supreme Court vacated the dismissal and remanded, emphasizing that fiduciaries must continually monitor plan investments and remove imprudent options when appropriate.

Original article:https://www.whitcomblawpc.com/business-law-blog/hughes-v.-northwestern-supreme-court-revives-erisa-lawsuit