Sentences with phrase «ownership plan fiduciaries»
While it still reversed the district court dismissal and remanded the case back to the court, in its most recent decision, the 9th Circuit based its discussion on the U.S. Supreme Court's finding in Dudenhoeffer that there is no presumption of prudence for employee stock ownership plan fiduciaries beyond the Employee Retirement Income Security Act (ERISA) exemption from the otherwise applicable duty to diversify.
https://www.planadviser.com/ Not exact matches
Additionally, Ted is head of Company Stock Groups» portfolio management team, which manages all fiduciary transactions and company stock investments including employee stock ownership plans, 401 (k) plans, defined benefit plans and non-qualified plans.
The breaches of fiduciary duty were to the fellow shareholders who were not told of the sisters» plans for a «switch» in ownership once Hottie Body Boutique's sunk costs were repaid.