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Caesars Fiduciaries Hit Jackpot Due to Prudent Processes
Thompson Hine 
Oct. 22, 2025 "The heart of the ruling was the court's finding of the adequacy of the Caesars Defendants' monitoring of Russell ... after Russell took over as an ERISA section 3(38) investment manager. The court emphasized ERISA's focus on process, not short‑term results, and that performance alone is insufficient to sustain a fiduciary breach claim." [Wanek v. Russell Investments Trust Co., No. 21-0961 (D. Nev. Sep. 25, 2025)] MORE >> |
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