Can a Participant in a Defined Benefit Plan Sue for Injunctive Relief under ERISA Section 502, without a Showing of Individual Financial Loss or an Imminent Risk of Such Harm?

CASE AT A GLANCE James Thole and Sherry Smith, participants in the U.S. Bancorp Pension Plan, brought a putative class action under the Employee Retirement Income Security Act of 1974 (ERISA) Section 502(a)(2), to enjoin plan fiduciaries from investing over 40 percent of plan assets in the bank'...

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Veröffentlicht in:	Preview of United States Supreme Court cases 2020-01, Vol.47 (4), p.7
1. Verfasser:	Zanglein, Jayne
Format:	Artikel
Sprache:	eng
Schlagworte:	Banks (Finance) Breach of trust Class actions (Civil procedure) Defined benefit plans Fiduciary duties Retirement benefits
Online-Zugang:	Volltext
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