Supplemental Comments on Digital Asset Markets (Joint Trades)
SIFMA and joint associations provided additional comments to the President’s Working Group (PWG) on Digital Asset Markets Chair in support…
Summary
Court:
U.S. Court of Appeals
(Eighth Circuit)
Amicus Issue:
Whether an ERISA class action complaint can survive a motion to dismiss based on the bare allegation that a 401(k) plan fiduciary breached its duties by offering proprietary funds that underperformed and were more expensive than other, alternative investment options in the marketplace.
Counsel of Record:
O’Melveney & Myers LLP
Gregory Jacob
Brian Boyle
Shannon Barrett
Meaghan Vergow
Other Amici:
None.
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