Supreme Court Agrees to Hear Case on Monitoring Plan Investments

The U.S. Supreme Court has indicated that it will hear the case of Tibble v. Edison International, which involves the selection and monitoring of plan investments and the amount of fees related to those investments.

The Supreme Court’s decision in this case will have a significant impact on how long participants have to sue regarding alleged fiduciary breaches in the selection and monitoring of plan investments. ERIC will closely monitor this case and separately reach out to members to determine if an amicus brief should be filed with the Supreme Court.

ERIC members and trial members can read more here.

The 9th Circuit’s decision in Tibble v. Edison International is available here.
For more information on the case, click here.
For case developments, click here.