Divided Sixth Circuit Affirms Summary Judgment in Post-Dudenhoeffer Review Based on Prudent Process

Subscribe (Free) to
Daily or Weekly Newsletters

Post a Job

Featured Jobs

Distribution \ Loan Clerk

Retirement, LLC
(Remote / Oklahoma City OK)

Retirement Plan Administrator – Senior Associate

PBMares
(Norfolk VA / AZ / DC / FL / MD / NC / PA / TX)

Retirement Plan Administrator (TPA)

Retirement Plan Consultants
(Remote)

Administrator/Consultant (DC and DB)

TPA Professionals
(Remote)

Jr Retirement Plan Administrator/ Administrative Assistant

Hochheiser Deutsch & Co, Inc.
(Melville NY)

Retirement Plan Relationship Manager

ERISA Services, Inc.
(Remote)

Retirement Plan Consultant

EPIC: TPA/DPS
(Remote / Norwich NY)

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Employee Benefits & Executive Compensation Associate Attorney

Polsinelli PC
(Chicago IL / Dallas TX / Kansas City MO)

Retirement Plan Specialist

RTD Financial Advisors
(Philadelphia PA)

Retirement Plan Administrator

Kentucky Trust Company
(Danville KY)

Legal Director

Pension Rights Center
(Remote)

Membership Director: Independent Contractor

Retirement Industry Trust Association (RITA)
(Remote / Sarasota FL)

Retirement Plan Administrator

Farmer & Betts, Inc.
(Remote / WA)

Fund Administrator

Plumbers Local Union No. 1 Benefit Funds
(Long Island City NY)

DC Plan Administrator

Retirement, LLC
(Remote / Oklahoma City OK)

Sales Consultant

EPIC Retirement Plan Services
(Remote / Norwich NY / KY / MA / ME / OH / PA / VT)

Retirement Plan Legal Specialist

Pentegra
(Remote / West Harrison NY)

Retirement Plan Documents Specialist

Loren D. Stark Company
(Remote)

Employee Benefits and Executive Compensation Associate Attorney

Verrill
(Portland ME / Boston MA)

Compliance Analyst

Pentegra
(Remote / West Harrison NY)

View More Employee Benefits Jobs

Free Newsletters

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

-- An attorney subscriber

<< Previous news item | Next news item >>

Divided Sixth Circuit Affirms Summary Judgment in Post-Dudenhoeffer Review Based on Prudent Process
Alston & Bird

Nov. 30, 2015

"As the lower courts continue to grapple with the aftermath of Dudenhoeffer, the majority opinion in Pfeil II reflects the strength of having (and adhering to) a prudent process for evaluating investments in company stock. The dissenting opinion by Judge White does raise an important question though regarding the 'yardstick' that plan fiduciaries should use when making this evaluation." [Pfeil v. State Street Bank and Trust Co., No. 14-1491 (6th Cir. Nov. 10, 2015)]

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).