Supreme Court Unanimously Rejects Special 'Presumption of Prudence' For Investment in Employer Stock

In the past, fiduciaries of employee stock ownership plans and other defined contribution plans that invest in employer stock generally have been able to rely on a special "presumption of prudence" in court when defending their decisions to continue to offer employer stock as an investment option, even when the investment has substantially declined ... (more)



http://ift.tt/1qa7kEl