U.S. Supreme Court,
Labor/Employment
Jun. 3, 2020
‘No harm, no foul, no standing’ in breach of duty ERISA claims
On Monday, in a 5-4 decision issued, the Supreme Court made it a whole lot more difficult for retirement plan participants to protect their defined benefit pension plan interests from imprudent management and self-dealing by plan fiduciaries.
Michelle L. Roberts
Partner
Kantor & Kantor, LLP
Labor & Employment
1050 Marina Village Pkwy, Ste 105
Alameda , CA 94501
Email: mroberts@kantorlaw.net
UC Berkeley Boalt Hall
Kantor & Kantor is a California-based law firm that represents insureds in ERISA-governed disability, life, health, and pension claims.
On Monday, in a 5-4 decision issued in Thole v. U. S. Bank N.A., 2020 DJDAR 5186, the U.S. Supreme Court made it a whole lot more difficult for retirement plan participants to protect their defined benefit pension plan interests from imprudent management and self-dealing by plan fiduciaries. When it comes to participant suits for breach of fiduciary duty under the Employee Retirement I...
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