Bloomberg Law
Feb. 9, 2022, 11:00 AM

Dozens of 401(k) Suits See Trickle-Down Effects From SCOTUS Case

Jacklyn Wille
Jacklyn Wille
Legal Reporter

The U.S. Supreme Court’s closely watched decision on retirement plan fees has given new ammunition to workers and employers in dozens of pending lawsuits, but recent court filings suggest most litigants don’t see the ruling as a game-changer.

Narrow,” “limited,” “short,” “case-specific,” and “leaves open more questions than it answers” are some of the ways that companies defending their retirement plans have described the justices’ Jan. 24 opinion in Hughes v. Northwestern University.

Employees claiming their plans are mismanaged have cited Hughes more enthusiastically, with some saying it “strongly ...

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