Featured Jobs
|
Nova 401(k) Associates
|
|
BPAS
|
|
July Business Services
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
Merkley Retirement Consultants
|
|
Compensation Strategies Group, Ltd.
|
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
The Pension Source
|
|
EPIC RPS
|
|
DWC ERISA Consultants LLC
|
|
BPAS
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
|
Supreme Court Reverses Ninth Circuit Again, Reaffirms Special Pleading Standard Applicable in ERISA Stock Drop Cases
Trucker Huss
Mar. 4, 2016
"As the Supreme Court made very clear, following Dudenhoeffer, to allege a breach of the duty of prudence in an ERISA stock drop case a plaintiff must plausibly allege facts demonstrating 'an alternative action that the defendant could have taken that would have been consistent with the securities laws and that a prudent fiduciary in the same circumstance would not have viewed as more likely to harm the fund than to help it.' ... Without such allegations of fact, ERISA stock drop cases are likely to be dismissed[.]"
|
| 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 linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |