Retirement – Fiduciary duty – Prudence
Where a complaint has been filed alleging breach of the fiduciary duty of prudence to participants in the defendants’ retirement plans (Count I) and “failure to adequately monitor other fiduciaries” (Count II) in violation of the Employee Retirement Income Security Act, the doctrine of issue preclusion bars one plaintiff’s claim, but the other plaintiffs have
Source: masslawyersweekly.com