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Home / Opinions / Courts / 8th U.S. Circuit Court of Appeals / ERISA: Breach Of Fiduciary Duty-Failure To State Claim

ERISA: Breach Of Fiduciary Duty-Failure To State Claim

Where a former employee claimed that the investment committee of the employer’s retirement savings plan breached their fiduciary duties under the Employee Retirement Income Security Act of 1974, the employee’s allegations were insufficient to plausibly allege that ERISA fiduciaries breached the duty of prudence, and the dismissal for failure to state a claim was proper. Judgment ...
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