Environmental Credits and Environmental Credit Obligations
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on the Proposed Accounting Standards Update—Environmental Credits and Environmental Credit…
Summary
Court:
U.S. Supreme Court
Amicus Issue:
Whether allegations that a defined-contribution retirement plan paid or charged its participants fees that substantially exceeded fees for alternative available investment products or services are sufficient to state a claim against plan fiduciaries for breach of the duty of prudence under the Employee Retirement Income Security Act (ERISA).
Counsel of Record:
Goodwin Proctor LLP
Jamie A. Santos
William M. Jay
Christina L. Hennecken
Other Amici:
U.S. Chamber
ACLI
APCIA
BRT
ERIC
PLUS
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