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U.S. District Court for the Central District of California

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District court holds that speculative allegations attacking ERISA plan’s use of collective investment trusts are insufficient to plead a claim for breach of fiduciary duty

September 02, 2026

Order

U.S. Chamber files amicus brief urging court to dismiss claims that the decision to offer collective investment trusts in an employer-sponsored retirement plan rather than mutual funds with the same investment approach breaches the duty of prudence

June 10, 2026

U.S. Chamber Amicus Brief

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

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