Revive Northwestern Retirement Suit After SCOTUS Trip, Feds Say

A lawsuit over Northwestern University’s retirement plan fees should go back to district court so plan participants can press their claims, the Department of Labor told the Seventh Circuit two months after the U.S. Supreme Court weighed in on the dispute.

Northwestern employees state “at least two” plausible claims in their Employee Retirement Income Security Act lawsuit, the department said in a March 18 amicus statement filed with the U.S. Court of Appeals for the Seventh Circuit. The department urged the Seventh Circuit to send the case back to district court to give them a chance to prove that plan ...