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Tibble v. Edison Int'l

U.S. Supreme Court
Oct 2, 2014

Opinion

Petition for writ of certiorari to the United States Court of Appeals for the Ninth Circuit granted limited to the following question: “Whether a claim that ERISA plan fiduciaries breached their duty of prudence by offering higher-cost retail-class mutual funds to plan participants, even though identical lower-cost institution-class mutual funds were available, is barred by 29 U.S.C. § 1113(1)when fiduciaries initially chose the higher-cost mutual funds as plan investments more than six years before the claim was filed.”