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ERISA Litigation
Litigation
February 22, 2008
Supreme Court Holds that 401(k) Participants May Sue for Breach of Fiduciary Duty to Recover Losses in Individual Accounts
Linda T. Coberly , Krista M. Enns , Steffen N. Johnson , Catherine W. Joyce , Michael S. Melbinger , Michael P. Roche , Gene C. Schaerr
In a closely watched ERISA case, the Supreme Court has clarified the right of employees to sue plan fiduciaries for mismanaging their individual 401(k) accounts.
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