"[A recently-filed lawsuit] challenges U.S. Bancorp's investment of 100% of its [defined benefit plan] assets in equities from 2007 through 2010, allegedly causing the plan to lose over a billion dollars ... [The] suit targets a large group of defendants, including the former investment adviser, the trustee, the members of the Compensation and Investment Committees and those members of the Board of Directors who were not on the committees, who allegedly failed to monitor the activities of the appointed fiduciaries.... [T]his lawsuit should serve as a wake-up call now to directors who may consider themselves absolved from pension responsibility because other fiduciaries have been appointed to handle investments."  MORE >>