Case Updates
First Circuit further entrenches circuit split on burden of proof on causation in breach of fiduciary duty cases under ERISA, reversing district court judgment in favor of Putnam Investments
October 15, 2018
Click here to view the opinion.
U.S. Chamber urges First Circuit to affirm decision holding that ERISA plaintiffs failed to meet their loss-causation burden
January 17, 2018
Click here to view the amicus brief filed by the U.S. Chamber, American Benefits Council, Securities Industry and Financial Markets Association.
William M. Jay, Jaime A. Santos, James O. Fleckner, and Alison V. Douglass of Goodwin Procter LLP served as co-counsel for the amici.
Case Documents
- Order on Prohibited Transaction Claims -- Brotherston v. Putnam Investments, LLC (USDC - District of Massachusetts).pdf
- Order on Fiduciary Duty Claims -- Brotherston v. Putnam Investments, LLC (USDC - District of Massachusetts).pdf
- Appellants' Brief and Addendum -- Brotherston v. Putnam Investments, LLC (First Circuit).pdf
- AARP, et al. Amicus Brief -- Brotherston v. Putnam Investments, LLC (First Circuit).pdf
- Putnam Answering Brief -- Brotherston v. Putnam Investments, LLC (First Circuit).pdf
- U.S. Chamber Amicus Brief -- Brotherston v. Putnam Investments, LLC (First Circuit).pdf
- ICI Amicus Brief -- Brotherston v. Putnam Investments, LLC (First Circuit).pdf
- Appellants' Reply Brief -- Brotherston v. Putnam Investments, LLC (First Circuit).pdf
- Opinion -- Brotherston v. Putnam Investments, LLC (First Circuit).pdf