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U.S. Court of Appeals for the Second Circuit

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Second Circuit rules that a complaint raising claims of excessive recordkeeping fees under ERISA must include specific factual allegations about both the cost and the services of the challenged plan and its comparators, or other factual allegations showing the fees are excessive under the circumstances

December 10, 2024

Opinion

U.S. Chamber submits amicus brief urging Second Circuit to affirm the district court and hold that claims for breach of fiduciary duty under ERISA cannot rely solely on inferences from circumstantial facts that merely suggest a possibility of misconduct

February 09, 2024

U.S. Chamber Amicus Brief

Jaime A. Santos and Rohiniyurie Tashima of Goodwin Procter LLP served as outside counsel.

The Chamber previously filed an amicus brief in the district court

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