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Federal District Court Dismisses ERISA Stock-Drop Suit
Faegre Drinker 
Nov. 8, 2021 "As a threshold matter, the court held that the plaintiffs did not sufficiently allege that Aetna was a fiduciary with respect to the plan's investment decisions because Aetna had delegated its duties to the Aetna Benefits Finance Committee, which chose the plan's investment options and had the sole discretion to change them." [Radcliffe v. Aetna, Inc., No. 20-1274 (D. Conn. Sept. 30, 2021)] MORE >> |
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