8th Circuit Affirms ERISA Case Dismissal For Failure To ID ‘Better Alternatives’

Mealey's (October 13, 2022, 12:47 PM EDT) -- ST. LOUIS — Saying the appellants who challenged a defined-contribution retirement plan’s fees and funds under the Employee Retirement Income Security Act “failed to identify better alternatives,” an Eighth Circuit U.S. Court of Appeals panel on Oct. 12 upheld dismissal of the case and ruled that dismissing the complaint with prejudice without giving the plaintiffs a chance to amend it was not an abuse of discretion....

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