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Ninth Circuit Limits Plaintiffs' Rights to Recover for ERISA Breach of Fiduciary Duty
Littler Link to more items from this source
June 16, 2014

"The court expressly stopped short of holding that [CIGNA v. Amara] required courts to impose 'make-whole' relief under the doctrine of surcharge, which would provide relief for damages suffered personally by beneficiaries. Instead, it focused exclusively on trust principles involving suits against fiduciaries.... [T]he court distinguished decisions from other circuits as merely recognizing the availability of surcharge claims after the [Amara] decision, but not stating that surcharge was available for make-whole relief for personal losses." [Gabriel v. Alaska Electrical Pension Fund, No. 12-35458 (9th Cir. June 6, 2014)]

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