Nancy Ross

Nancy Ross

McDermott Will & Emery

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Supreme Court Rejects “Presumption of Prudence,” Adopts New Pleading Standards in Fifth Third Bancorp v. Dudenhoeffer

The Supreme Court of the United States has issued its highly anticipated decision in Fifth Third Bancorp v. Dudenhoeffer, No. 12-751. In an opinion written by Justice Breyer for a unanimous court, the Supreme Court held...more

7/9/2014 - Duty of Prudence Employee Benefits ERISA ESOP FIfth Third Bancorp v Dudenhoeffer Pleading Standards Pleadings SCOTUS US Bancorp

Supreme Court Takes Case About Company Stock Funds and Presumption of Prudence

The Supreme Court of the United States granted certiorari in Fifth Third Bancorp v. Dudenhoeffer, suggesting that the Supreme Court will resolve the current division among U.S. circuit courts regarding the application of the...more

12/16/2013 - Certiorari Duty of Prudence Fiduciary Duty SCOTUS Stocks

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