Legal Opinion

Leimkuehler Ex Rel. Leimkuehler, Inc. v. American United Life Insurance

Court of Appeals for the Seventh Circuit

Decided April 16, 2013No. 12-1081, 12-1213, 12-2536PublishedCited by 33 opinions

1Opinion of the Court

WOOD, Circuit Judge.

This case presents a challenge to the practice known in the 401 (k) services industry as “revenue sharing” — an arrangement allowing mutual funds to share a portion of the fees that they collect from investors with entities that provide services to the mutual funds, the investors, or both. Although the practice has been commonplace for years, until quite recently it was opaque to both individual investors and many 401(k) plan sponsors. As the existence and extent of revenue sharing has become more widely known, some have expressed concern that the practice unduly benefits…

2Cases cited23 opinions

  1. Pegram v. HerdrichSupreme Court of the United States · 2000
  2. Marx v. General Revenue Corp.Supreme Court of the United States · 2013
  3. Hardt v. Reliance Standard Life Insurance Co.Supreme Court of the United States · 2010
  4. Hecker v. Deere & Co.Court of Appeals for the Seventh Circuit · 2009
  5. Emily Rivera v. City of ChicagoCourt of Appeals for the Seventh Circuit · 2006

18 more not listed; retrieve them via the Exa API.

3Cited by33 opinions

  1. Santomenno Ex Rel. John Hancock Trust v. John Hancock Life Insurance Co. (U.S.A)Court of Appeals for the Third Circuit · 2014
  2. Andrew Albert v. Oshkosh CorporationCourt of Appeals for the Seventh Circuit · 2022
  3. Teets v. Great-West Life & Annuity Ins. Co.Court of Appeals for the Tenth Circuit · 2019
  4. Armstrong v. BNSF Railway Co.Court of Appeals for the Seventh Circuit · 2018
  5. Golden Star, Inc. v. Mass Mutual Life InsuranceDistrict Court, D. Massachusetts · 2014

28 more not listed; retrieve them via the Exa API.

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