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DIVANE v. NORTHWESTERN UNIVERSITY

No. 18-2569.

953 F.3d 980 (2020)

Laura L. DIVANE, et al., Plaintiffs-Appellants, v. NORTHWESTERN UNIVERSITY, et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided March 25, 2020.

Attorney(s) appearing for the Case

Jerome J. Schlichter , Sean E. Soyars , Michael A. Wolff , Attorneys, Schlichter, Bogard & Denton, LLP, St. Louis, MO, for Plaintiffs-Appellants Laura L. Divane, April Hughes, Katherine D. Lancaster.

Jerome J. Schlichter , Sean E. Soyars , Attorneys, Schlichter, Bogard & Denton, LLP, St. Louis, MO, for Plaintiff-Appellant Jasmine Walker.

Amanda S. Amert , Alexis Elise Bates , Brienne Letourneau , Craig C. Martin , Monika Kothari , Attorneys, Jenner & Block LLP, Chicago, IL, Matthew E. Price , Attorney, Jenner & Block LLP, Washington, DC, for Defendants-Appellees Northwestern University, Pamela S. Beemer, Ronald Braeutigam, Kathleen Hagerty.

Amanda S. Amert , Alexis Elise Bates , Brienne Letourneau , Craig C. Martin , Attorneys, Jenner & Block LLP, Chicago, IL, Matthew E. Price , Attorney, Jenner & Block LLP, Washington, DC, for Defendant -Appellee Northwestern University Retirement Investment Committee.

Dara Smith , Attorney, AARP Foundation Litigation, Washington, DC, for Amici Curiae American Association of Retired Persons, AARP Foundation.

Karen Ferguson , Attorney, Pension Rights Center, Washington, DC, for Amicus Curiae Pension Rights Center.

Brian Timothy Burgess , Attorney, Goodwin Procter LLP, Washington, DC, for Amici Curiae Chamber of Commerce of the United States of America, American Benefits Council.

Before Bauer, Manion, and Brennan, Circuit Judges.

Laura Divane and other plaintiffs,1 beneficiaries of employee investment plans, sued Northwestern University for allegedly breaching its fiduciary duties under the Employee Retirement Income Security Act, 29 U.S.C. § 1001, et seq. The district court found no breach. Neither do we,...

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