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Transcript of Oral Argument Before the Supreme Court in Tibble v. Edison International (PDF)
Supreme Court of the United StatesLink to more items from this source
Feb. 24, 2015
71 pages. "[Justice Scalia, to counsel for Petitioners:] 'You're going to ask every Federal district court not only to determine whether a particular purchase was sensible or not, but to say year by year whether you've done a careful enough review.... I just don't think courts are capable of doing that.' ... [Justice Kagan, to counsel for Respondents:] 'Now, really, are you saying what kind of disruption could be worth, on an ongoing basis, for people who have invested in funds for 30 and 40 years and where there's a significant difference in fees, what kind of disruption could be worth the price of that? ... They don't like changes. They would rather have fees?' " [Tibble v. Edison International, No. 13-550 (9th Cir. Aug. 1, 2013; argued Feb. 24, 2015)]

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