Tag: company stock in retirement plans

Court Dismisses Exxon Mobil Stock Drop Suit

After giving plaintiffs a second chance at offering alternative action Exxon could have taken, the court again found the suggested action was something plan fiduciaries could believe would do more harm than good. 

RadioShack Stop Drop Suit Dismissed

Relying on standards set forth by the Supreme Court in Fifth Third Bank v. Dudenhoeffer, an appellate court affirmed a district court’s dismissal of the case.