Supreme Court Takes Case About Company Stock Funds and Presumption of Prudence

By and on January 9, 2014

The Supreme Court of the United States granted certiorari in Fifth Third Bancorp v. Dudenhoeffer, suggesting that the Supreme Court will resolve the current division among U.S. circuit courts regarding the application of the “presumption of prudence” in employer stock cases.

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Wilber H. Boies, PC
Wilber (Bill) Boies focuses his practice on business dispute counseling and business litigation throughout the country. Bill leads a pro bono program that advises national legal aid organizations, Interest on Lawyers’ Trust Accounts (IOLTA) programs and bar foundations about obtaining cy pres awards from the undistributed residue of class action settlement funds and frequently submits amicus briefs opposing appeals by serial objectors who argue for the elimination of cy pres awards in class action settlements. Read Bill Boies' full bio.


Chris C. Scheithauer



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