Wednesday, February 27, 2013

Second Circuit -- Taveras v. UBS AG et al.

ERISA plan fiduciaries should not be accorded presumption of prudence for offering stock in the company, as the Plan didn't explicitly reference it as an option.

Taveras v. UBS AG et al.
Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.