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10 Years Later: The Pendulum Swings Back in Tibble v. Edison International
Miller & Chevalier Link to more items from this source
Aug. 23, 2017
"Edison urged the court to adopt the statutory post-judgment rate ... The court, however, refused to apply it, finding it 'unreasonable' since money saved from investing in the lower cost institutional shares would have carried over to the new investment ... Judge Wilson was equally dismissive of the plaintiffs' argument to follow the only other excessive fees case tried to judgment to date ... and use the S&P 500 index fund.... Of the remaining two options, the court found the Plan returns to be the only reasonable approximation of the lost investment opportunity." [Tibble v. Edison Int'l, No. 7-5359 (C.D. Cal. Aug. 16, 2017)]

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