Peter Tomlinson

Peter Tomlinson

Patterson Belknap Webb & Tyler LLP

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Supreme Court Rejects “Presumption of Prudence” in ESOP Cases

On June 25, 2014, the Supreme Court issued a decision in Fifth Third Bancorp v. Dudenhoeffer regarding the availability of relief against fiduciaries of an employee stock ownership plan (“ESOP”) for alleged breaches of the...more

7/17/2014  /  Employee Retirement Income Security Act (ERISA) , ESOP , Fiduciary Duty , FIfth Third Bancorp v Dudenhoeffer , Fifth Third Mortgage Company , SCOTUS , Stock Drop Litigation , US Bancorp
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