The U.S. Supreme Court recently heard arguments in cases that could impact claims against fiduciaries of employee benefits plans and damages in certain disability discrimination lawsuits. Here’s what employers need to know.
ERISA ‘Excessive Fees’ Claim
On Dec. 6, the Supreme Court heard arguments in an employee benefits case, Hughes v. Northwestern University, which was brought by participants in a defined contribution retirement plan. The participants claim they were charged excessive fees and that plan fiduciaries breached their duty of prudence under the Employee Retirement Income Security Act (ERISA).
