Supreme Court Could Consider RJR Stock Drop Case
The U.S. Supreme Court may take up important fiduciary liability questions related to a “reverse stock-drop” case leveled against a...
Tag: Company Stock
Company Stock Considerations Depend on Employer Goal
Implications of two litigation outcomes in June 2014 depend on the type of employee stock ownership plan an employer offers.
Little Plan Sponsor Reaction to No Presumption of Prudence
A survey finds the majority of DC plan sponsors that offer company stock as an investment option have no plans...
ERISA Lawsuit Filed Against Avon Products
A lawsuit claims fiduciaries to Avon Products defined contribution plan violated their duties to participants by keeping company stock as...
DC Plan Use of Company Stock More Restricted
The offering of company stock in defined contribution plans has declined since 2005, according to Vanguard.
With No Presumption of Prudence, RadioShack Faces New Lawsuit
A lawsuit has been filed that some say is the first to cite the Supreme Court case about whether retirement...
Employee Stock Purchase Plans Can Reduce 401(k) Loans
Fiduciaries often cite asset leakage as a major challenge in running a 401(k) plan, but one provider says there may...
Court Revisits Ruling in Light of Dudenhoeffer Decision
The 9th U.S. Circuit Court of Appeals has revisited its ruling in a retirement plan stock drop suit in light...
Court Dismisses Stock Drop Case Against UBS
October 17, 2014 (PLANSPONSOR.com) – A federal district court judge has found a participant in the UBS Savings and Investment...
Opinions |
Company Stock Fund Prudence Following Dudenhoeffer
August 22, 2014 (PLANSPONSOR.com) - On June 25, 2014, the Supreme Court of the United States made its first ruling...
Appellate Court Sends RJR Stock Drop Suit Back for Review
August 7, 2014 (PLANSPONSOR.com) – A lower court applied the wrong standard when determining that R.J. Reynolds Tobacco Co. (RJR)...
Appeals Court Revives BP Stock Drop Suit
July 16, 2014 (PLANSPONSOR.com) – A federal appeals court has revived a stock drop case, filed against oil company BP...
Presumption of Prudence Decision Not a Total Win for Anyone
June 26, 2014 (PLANSPONSOR.com) – The U.S. Supreme Court this week ruled employee stock ownership plan (ESOP) fiduciaries are not...
ESOP Fiduciaries Not Entitled to Presumption of Prudence
June 25, 2014 (PLANSPONSOR.com) – The U.S. Supreme Court has decided fiduciaries of employee stock ownership plans (ESOPs) are not...
Fiduciary Status Not Triggered by Contribution in Company Stock
June 5, 2014 (PLANSPONSOR.com) - A federal appellate court ruled Morgan Stanley & Co. and its CEO were not acting...
Delta Air Lines Wins Stock Drop Suit Appeal
May 8, 2014 (PLANSPONSOR.com) – The 11th U.S. Circuit Court of Appeals used its own case history to dismiss a...
State Street Cleared of Wrongdoing in GM Stock Drop Suit
April 18, 2014 (PLANSPONSOR.com) – For the second time, a U.S. district court has found State Street Bank and Trust...
High Court Ponders “Conflicts” for ESOP Fiduciaries
April 17, 2014 (PLANSPONSOR.com) – What is the trustee of a retirement plan that offers employer stock as an investment...
Groups Ask for Stronger Presumption in Stock Drop Case
February 5, 2014 (PLANSPONSOR.com) – A brief of amici curiae was recently filed with the U.S. Supreme Court for a...
Regions Financial to Settle Stock Drop Suit
January 13, 2014 (PLANSPONSOR.com) – Regions Financial Corporation has agreed to settle a lawsuit relating to its offering of company...