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Searching Content indexed under Corporate/Commercial Law by Amy A. Null ordered by Published Date Descending.
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US Supreme Court Decides Closely Watched Case On ERISA "Stock Drop" Class Actions
In Fifth Third Bancorp v. Dudenhoeffer, a decision written by Justice Breyer, the US Supreme Court unanimously held that plan fiduciaries are not entitled to any special "presumption of prudence" under the Employee Retirement Income Security Act of 1974 (ERISA) when they decide to buy or hold employer stock in an employee stock ownership plan (ESOP).
United States
26 Jun 2014
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