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Andrew Albert v. Oshkosh Corporation, et al
Case Number:
21-2789
Court:
Nature of Suit:
Companies
Sectors & Industries:
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December 16, 2022
The 7 Biggest Benefits Rulings Of 2022
The U.S. Supreme Court gave states a green light to ban abortion and revived retirees' lawsuit against Northwestern University in two marquee decisions from a busy year in federal benefits litigation. Here, Law360 looks at these and other rulings from 2022 that employers and retirement plan administrators should take note of.
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September 02, 2022
7th Circ. Decision Narrows ERISA 401(k) Pleading Standard
The Seventh Circuit's recent decision upholding dismissal of an Employee Retirement Income Security Act lawsuit challenging the fees and investments of an Oshkosh Corp. subsidiary's employee 401(k) plan was a clear victory for management-side counsel that raises the bar for pleadings in these types of cases, attorneys say.
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August 30, 2022
7th Circ. Nixes 401(k) Fee Suit Against Truck Maker
The Seventh Circuit affirmed the dismissal of a federal benefits suit against a truck manufacturer subsidiary alleging it mismanaged its $1 billion 401(k) plan and charged participants excessive fees, ruling the plan participants' claims were too thin to hold up.
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June 02, 2022
7th Circ. Weighs Reviving Suit Alleging Botched $1B 401(k)
The Seventh Circuit signaled Thursday that it may revive claims that heavy-duty truck-maker Oshkosh Corp. mismanaged a $1 billion 401(k) plan in light of recent Supreme Court precedent requiring a deeper consideration for certain fiduciary duty claims than the dismissal stage typically allows.