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In Re Citigroup ERISA Litigation: Has The Death Knell Sounded for Stock Drop Cases?
The Metropolitan Corporate Counsel 
[Guidance Overview] Jan. 23, 2012 "[The Court of Appeals for the Second Circuit] was not simply being asked to articulate the standard of review applicable to ERISA fiduciary conduct in the context of stock drop claims, but also to determine the pleading requirements sufficient to allow such complaints to proceed.... The decision is very favorable to the employer-fiduciary community." MORE >> |
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