Second Circuit affirms dismissal of claims that university pension plans were improperly managed in violation of ERISA
November 14, 2023
The court held, in part, that prohibited transactions claims must allege the services provided in support of the plans were unnecessary or involved unreasonable compensation.
U.S. Chamber files coalition amicus brief urging the Second Circuit to affirm the district court and follow precedent that the burden of proof remains with the plaintiff to prove loss causation in ERISA claims for breach of fiduciary duty
August 03, 2021
Click here to view the brief. Jaime A. Santos of Goodwin Procter LLP and the U.S. Chamber’s Litigation Center served as co-counsel for the U.S. Chamber.