Hughes v. Northwestern University, 595 U.S. ___ (2022), was a United States Supreme Court case in which the Court held that the Seventh Circuit erred in relying on the participants' ultimate choice over their investments to excuse allegedly imprudent decisions by respondents.
Determining whether petitioners state plausible claims against plan fiduciaries for violations of the Employee Retirement Income Security Act of 1974's duty of prudence requires a context-specific inquiry of the fiduciaries’ continuing duty to monitor investments and to remove imprudent ones.
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