Legal Opinion

Loomis v. Exelon Corp.

Court of Appeals for the Seventh Circuit

Decided September 6, 2011No. 09-4081, 10-1755PublishedCited by 70 opinions

1Opinion of the Court

EASTERBROOK, Chief Judge.

Many defined-contribution pension plans offer participants an opportunity to select investments from a portfolio, which often includes mutual funds. In recent years participants in pension plans have contended that the sponsor offers too few funds (not enough choice), too many funds (producing confusion), or too expensive funds (meaning that the funds’ ratios of expenses to assets are needlessly high). See, e.g., Hecker v. Deere & Co., 556 F.3d 575, rehearing denied, 569 F.3d 708 (7th Cir.2009); Howell v. Motorola, Inc., 633 F.3d 552 (7th Cir.2011); Spano v. Boeing…

2Cases cited15 opinions

  1. Braden v. Wal-Mart Stores, Inc.Court of Appeals for the Eighth Circuit · 2009
  2. Hughes Aircraft Co. v. JacobsonSupreme Court of the United States · 1999
  3. Ruckelshaus v. Sierra ClubSupreme Court of the United States · 1983
  4. Hardt v. Reliance Standard Life Insurance Co.Supreme Court of the United States · 2010
  5. Hecker v. Deere & Co.Court of Appeals for the Seventh Circuit · 2009

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3Cited by70 opinions

  1. Sacerdote v. New York UniversityCourt of Appeals for the Second Circuit · 2021
  2. Laura Divane v. Northwestern UniversityCourt of Appeals for the Seventh Circuit · 2020
  3. Andrew Albert v. Oshkosh CorporationCourt of Appeals for the Seventh Circuit · 2022
  4. Ronald Tussey v. ABB, Inc.Court of Appeals for the Eighth Circuit · 2014
  5. Tibble v. Edison InternationalCourt of Appeals for the Ninth Circuit · 2013

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