Investment Choice Process in ERISA Excessive Fee Litigation

Nelita Collins

Wednesday, December 29, 2021 Under ERISA, prudence is process, process, and more process. By following a broadly inclusive investment choice process, Northwestern University’s 403(b) plan fiduciaries secured dismissal of the lawsuit now under consideration by the Supreme Court.1 In contrast, New York University’s 403(b) plan fiduciaries were unable to dismiss allegations […]