In Re Ford Motor Co. ERISA Litigation
District Court, E.D. Michigan
1Opinion of the Court
ORDER MODIFYING AND ADOPTING THE MAGISTRATE JUDGE’S REPORT AND RECOMMENDATION AND DENYING DEFENDANTS’ MOTION TO DISMISS
STEPHEN J. MURPHY, III, District Judge.
INTRODUCTION
This litigation presents a question that has challenged federal courts: given that the Employee Retirement Income Security Act (“ERISA”) excuses certain retirement-plan fiduciaries from any duty to diversify the holdings of the plans they manage, but otherwise requires them to engage in “prudent” management, how is a court to determine when an undiversified plan of this kind has been imprudently managed?
The suit involves a…
2Cases cited61 opinions
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Erickson v. PardusSupreme Court of the United States · 2007
- Conley v. GibsonSupreme Court of the United States · 1957
- Thomas v. ArnSupreme Court of the United States · 1986
- Neitzke v. WilliamsSupreme Court of the United States · 1989
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3Cited by15 opinions
- Quan v. Computer Sciences Corp.Court of Appeals for the Ninth Circuit · 2010
- In Re Morgan Stanley Erisa LitigationDistrict Court, S.D. New York · 2009
- Harris v. KoenigDistrict Court, District of Columbia · 2009
- In Re Regions Morgan Keegan ERISA LitigationDistrict Court, W.D. Tennessee · 2010
- Crocker v. KV PHARMACEUTICAL CO.District Court, E.D. Missouri · 2010
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