Legal Opinion
Pfeil v. State Street Bank & Trust Co.
Court of Appeals for the Sixth Circuit
Decided November 10, 2015No. 14-1491PublishedCited by 36 opinions
1Opinion of the CourtBoggs, J., joined by Suhrheinrich, J.,
WHITE, J. (pp. 388-90), delivered a separate dissenting opinion.
OPINION
BOGGS, Circuit Judge.
This case requires us to apply recent developments in the law of the Employee Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. § 1001 et seq. ERISA subjects plan fiduciaries to a duty of prudence. 29 U.S.C. § 1104(a)(1). This generally requires diversification. But to “solve the dual problems of securing capital funds for necessary capital growth and of bringing about stock ownership by all corporate employees,” Fifth Third Bancorp v. Dudenhoeffer, - U.S. -, 134 S.Ct. 2459, 2466, 189 L.Ed.2d…
2Cases cited17 opinions
- Massachusetts Mutual Life Insurance v. RussellSupreme Court of the United States · 1985
- Katsaros v. CodyCourt of Appeals for the Second Circuit · 1984
- Tibble v. Edison Int'lSupreme Court of the United States · 2015
- Moench v. RobertsonCourt of Appeals for the Third Circuit · 1995
- Kuper v. IovenkoCourt of Appeals for the Sixth Circuit · 1995
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3Cited by36 opinions
- Yosaun Smith v. CommonSpirit HealthCourt of Appeals for the Sixth Circuit · 2022
- Danielle Forman v. TriHealth, Inc.Court of Appeals for the Sixth Circuit · 2022
- Cassell v. Vanderbilt Univ.District Court, M.D. Tennessee · 2018
- Paul Saumer v. Cliffs Natural ResourcesCourt of Appeals for the Sixth Circuit · 2017
- Jaime Pizarro v. The Home Depot, Inc.Court of Appeals for the Eleventh Circuit · 2024
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