Petitioners: Affirmance Would Give ‘Carte Blanche’ To Fiduciaries

(September 13, 2019, 11:54 AM EDT) -- WASHINGTON, D.C. — Breaches of fiduciary duty that deplete plan assets are actionable regardless of whether they put a plan at imminent risk of default, two petitioners tell the U.S. Supreme Court in a Sept. 11 brief on the merits (James J. Thole, et al. v. U.S. Bank, N.A., et al., No. 17-1712, U.S. Sup.)....

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