Recently by Sara Pikofsky
Labor & Employment
Fifth Third Bancorp v. Dudenhoeffer: Supreme Court Rejects "Presumption of Prudence" For Stock Drop Cases
On June 25, the United States Supreme Court issued its decision in Fifth Third Bancorp v. Dudenhoeffer, a decision that had been highly anticipated by the ERISA bar. The question before the Court was whether the so-called Moench presumption of prudence applied to a motion to dismiss. Rather than...Read More
Employee Benefits (ERISA)
In Re: Citigroup ERISA Litigation: Has The Death Knell Sounded For Stock Drop Cases?
Following the spectacular collapse of Enron in 2001, a cottage litigation industry was created in which a handful of plaintiffs’ firms now routinely rush to bring ERISA class actions whenever a pension plan invests in the stock of the corporate sponsor and the stock price declines...Read More