Gregory Porter to Speak at Webinar “Moench on Trial: What the Supreme Court’s Fifth Third Ruling Means for ERISA Stock Drop and Other Prudence Claims”
Gregory Porter of our Washington, D.C. office will be a featured speaker at the webinar “Moench on Trial: What the Supreme Court’s Fifth Third Ruling Means for ERISA Stock Drop and Other Prudence Claims,” which is scheduled to air Friday, June 27, 2014 at 2:00 p.m. EST. The United States Supreme Court recently issued a key ruling in Fifth Third Bancorp v. Dudenhoeffer, No. 12-751, which held that ERISA fiduciaries are not entitled to a presumption of prudence when investing retirement plan assets in employer stock in an ESOP or 401(k) plan, overruling all circuits on this issue. The webinar will explore issues such as:
How the ruling changes the ERISA liability landscape;
How the Justices came down on the issues – and why;
What the ruling means for the Moench presumption and lower court jurisprudence; and
Potential steps to mitigate litigation risk going forward.
A link to the webinar can be found here: https://global.gotowebinar.com/pjoin/7380807509365241346/7063777625147192834l.Contact Form »