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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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Since January 2020, over 160 fee class actions have been filed. Fee litigation is very expensive and burdensome with potential damages in the 100s of millions of dollars. Pleading standards for these cases have been in flux and have depended on what circuit court and district court the case is filed in. On January 24, 2022, the U.S. Supreme Court addressed pleading standards in a fee case out of the Seventh Circuit, Hughes v. Northwestern University, No. 19-1401, but it did not provide any clarity other than the following...

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Region: United States
Interest Area: Financial Services
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