Supreme Court Remands IBM Stock Drop Litigation to the Second ...

2nd Circuit sends IBM stock-drop case back to district court

The saga continues in the ERISA stock-drop litigation against the fiduciary committee for IBM's employee stock ownership plan (ESOP).

Supreme Court Vacates & Remands Plaintiff-Friendly Ruling in IBM ...

Supreme Court Vacates & Remands Plaintiff-Friendly Ruling in IBM “Stock Drop” Litigation · I. Introduction. On January 14, 2020, the Supreme ...

Supreme Court Remands IBM Stock Drop Litigation to the Second ...

The US Supreme Court issued a per curiam decision in Retirement Plans Committee of IBM v. Jander, vacating and remanding the case to the US Court of Appeals ...

U.S. Supreme Court Vacates and Remands ERISA Stock-Drop Suit

A federal securities complaint was filed in the Southern District of New York on April 1, 2015, alleging that IBM and several of its executives ...

Supreme Court sends IBM stock-drop case back to 2nd Circuit

The ERISA “stock-drop” litigation against the fiduciary committee for IBM's employee stock ownership plan (ESOP) isn't over yet.

Supreme Court Vacates and Remands IBM Stock Drop Case

In its opinion, the Supreme Court remanded the case back to the Second Circuit so that court could consider new arguments briefed by IBM in its ...

Supreme Court Remands Stock Drop Case to Consider Insider ...

In Retirement Plans Committee of IBM v. Jander et al., No. 18-165 (Jan. 14, 2020), the Supreme Court sent the case back to the Second Circuit to ...

Supreme Court Declines to Address Pleading Standards in Stock ...

On remand, the Second Circuit concluded that the IBM fiduciaries' and federal government's additional arguments were in part previously ...

Supreme Court Vacates & Remands Plaintiff-Friendly Ruling in IBM ...

was a rare victory for plaintiffs in ERISA stock drop litigation, opening the door to several new ... It remains to be seen how the Second Circuit ...

U.S. Supreme Court Remands “Stock Drop” Case Back to Second ...

The US Supreme Court, in its 2014 opinion in Fifth Third Bancorp v. Dudenhoeffer, set forth a new pleading standard for “stock drop” cases on ...

IBM Stock Drop Lawsuit Remanded Back to District Court

The 2nd U.S. Circuit Court of Appeals has reinstated its initial decision in an Employee Retirement Income Security Act (ERISA) lawsuit ...

EB Flash: Supreme Court Vacates Second Circuit Stock Drop Decision

In Retirement Plans Committee of IBM v. ... The participants argued that ERISA required the fiduciaries to disclose insider information. The case ...

Supreme Court Sends Its Latest “Stock Drop” Case Back to the ...

In that case, the Second Circuit concluded that the Dudenhoeffer pleading standard was met when the plaintiff merely pleaded that IBM ...

IBM Stock Drop Settles Case, Not Issue(s) - ASPPA

Defendants will vigorously contest this issue and argue that the stock-price drop was attributable to other factors and that the market was ...

Bellwether IBM Stock Drop ERISA Lawsuit Settlement Published

The case history of IBM v. Jander shows the importance, but also the limitations, of Supreme Court rulings in fiduciary breach cases involving ...

Supreme Court Remands Outlier Stock Drop Decision - Trucker Huss

The Second Circuit held that the plaintiffs had sufficiently pled that no prudent fiduciary could have determined that an early disclosure by ...

Retirement Plans Committee of IBM v. Jander | 589 U.S. ___ (2020)

Retirement Plans Committee of IBM v. Jander: Supreme Court vacates the Second Circuit's reinstatement of a claim for breach of fiduciary duty under ERISA ...

Federal Courts Continue to Dismiss ERISA Stock-Drop Claims Post ...

In Jander, the plaintiffs alleged that the defendants breached the duty of prudence by continuing to invest ESOP funds in IBM stock despite ...

Supreme Court hears arguments in IBM stock-drop fiduciary challenge

In December 2018, the 2nd Circuit Court of Appeals reversed and remanded the ruling. A three-judge panel said participants "plausibly allege" ...

Settlement Details Published in Jander v. IBM | PLANSPONSOR

Prior to settlement, the long-running stock drop lawsuit received multiple appellate court rulings and consideration from the U.S. Supreme Court ...