Hughes v. Northwestern Univ.

Summary

The Supreme Court held that the Seventh Circuit erred in dismissing the plaintiffs' ERISA fiduciary‑duty claims by focusing on participants' investment choices rather than the fiduciaries' continuing duty to monitor and remove imprudent investments. The Court vacated the appellate judgment and remanded for reconsideration applying the Tibble guidance and the plausibility pleading standard of Iqbal and Twombly.