ESOP Fiduciaries Not Entitled to Presumption of Prudence

By Paul R. O‚ÄôRourke Retirement plan investments in company stock. Did the U. S. Supreme Court Just make them riskier? On June 25th, the U. S. Supreme Court issued an opinion in the Fifth Third Bancorp v. Dudenhoeffer case. The case involved an employee stock ownership plan (ESOP) with a 401(k) feature. Under the plan, […]