Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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When Are Imprudent Fiduciaries Liable for Changes in Stock Value?
Osler, Hoskin & Harcourt LLP Aug. 13, 2014 "The lesson for fiduciaries is clear. Fiduciaries can be sued for not selling stock as well as for selling at what plaintiffs allege is the wrong time. And now that the Supreme Court has eliminated the so-called 'Moensch presumption' that decisions involving employer stock are presumptively prudent, fiduciaries of plans with employer stock funds need to be particularly diligent." [Tatum v. RJR Pension Investment Committee, No. 13-1360 (4th Cir. Aug. 4, 2014)] |
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