Supreme Court Hits Home Run for 401(K) Plan Beneficiaries

By Audrey Millemann

This week’s decision by the United States Supreme Court in Tibble v. Edison International, 2015 U.S. LEXIS 3171 (May 18, 2015), is expected to trigger an increase in lawsuits against 401(k) plan fiduciaries.

The Tribble case was filed in 2007 as a class action by the beneficiaries of the Edison 401(k) retirement plan, on behalf of the plan and its beneficiaries,

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