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Johnson & Johnson Escapes Breach of Fiduciary Duty Lawsuit Due to Dudenhoeffer's Difficult Pleading Standard
Michelle L. Roberts via LinkedIn
May 6, 2020 "Plaintiffs argue Defendants Fasolo and Caruso could and should have made public disclosures about the asbestos in talc power. The court engaged in a lengthy discussion on this issue, ultimately concluding Plaintiffs' alternative action would require Defendants to make public disclosures in their corporate capacities and that ERISA liability can only arise from actions taken while acting in a fiduciary capacity." [Perrone v. Johnson & Johnson, No. 19-923 (D.N.J. Apr. 29, 2020; unpub.)] MORE >> |
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