Lockheed Martin Corp. v. Abbott (U.S. Supreme Court)

We represented Lockheed Martin Corporation in this class action lawsuit arising under the Employee Retirement Income Security Act (ERISA). In conflict with several courts of appeals, the Seventh Circuit held that a participant in a 401(k) plan governed by that Act has Article III standing to challenge the prudence of an investment fund offered to participants in his plan even if the plaintiff does not appear to have sustained damages under his theory of alleged imprudence. We filed a petition for certiorari on behalf of Lockheed Martin.


Petition for certioari