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Thinking ESOPs: The Truth About 'Conflicts' Under ERISA
Faegre Drinker 
Aug. 8, 2025 "The plaintiffs in Anderson alleged that certain fiduciary defendants breached their duty of loyalty to the plan's participants when they made certain investment decisions that ultimately benefited Intel. That claim failed in the first instance because plaintiffs did not tie the fiduciaries' decisions to underlying benefits to Intel, but it also failed because ERISA does not prohibit fiduciaries who have multiple loyalties." [Anderson v. Intel Corp. Inv. Policy Comm., No. 22-16268 (9th Cir. May 22, 2025)] MORE >> |
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