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Brief Review of Pfeil v. State Street Bank & Trust Co
Justia.com 
[Guidance Overview] Feb. 23, 2012 "The fiduciary cannot escape its duty simply by asserting that the plaintiffs caused the losses by choosing to invest in the GM Fund. Such a rule would improperly shift the duty of prudence to monitor the menu of investments to participants. The fact that a participant exercises control over assets does not automatically trigger section 404(c) safe harbor." [Pfeil v. State Street Bank & Trust Co., No. 10-2302 (6th Cir. Feb. 22, 2012) MORE >> |
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