Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Enrolled Actuary
Loren D. Stark Company logo
Loren D. Stark Company
ESOP Valuation Writer
Unique ESOP Valuation Provider

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn

<< Previous news item   |   Next news item >>

Supreme Court Does Away with Presumption of Prudence: What's Next for Employer Stock in 401(k) Plans and ESOPs?
Baker Botts LLP Link to more items from this source
June 28, 2014
"Before Dudenhoeffer, some employers have required a plan to offer employer stock purportedly in the employers' 'settlor' capacity in order to arguably keep decisions related to employer stock from being deemed fiduciary decisions. The Court's opinion calls into question the continued viability of such a strategy." [Fifth Third Bancorp v. Dudenhoeffer, No. 12-751 (U.S. June 25, 2014)]

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020, Inc.