Tatum v. RJR Pension Investment Committee
Court of Appeals for the Fourth Circuit
1Opinion of the Court
*556DIANA GRIBBON MOTZ, Circuit Judge:
This Employee Retirement Income Security Act (“ERISA”) case returns to us for a third time. The beneficiaries of an ERISA retirement plan appeal the judgment, issued after a full bench trial, that the fiduciary’s breach of its duty of procedural prudence did not cause the substantial losses in the retirement plan resulting from the sale of non-employer stock funds. We had previously remanded the case to the district court so that it could apply the correct legal standard for determining loss causation, but we expressed no opinion as to the proper outcome of…
2Cases cited18 opinions
- Agostini v. FeltonSupreme Court of the United States · 1997
- Arizona v. CaliforniaSupreme Court of the United States · 1983
- Amgen Inc. v. Connecticut Retirement Plans and Trust FundsSupreme Court of the United States · 2013
- Tibble v. Edison Int'lSupreme Court of the United States · 2015
- Minnie Florence Breeden v. Caspar W. Weinberger, Secretary Health, Education, and WelfareCourt of Appeals for the Fourth Circuit · 1974
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