§Why CasetextPricing

Baird v. BlackRock Institutional Trust Company, N.A. et al

REPLY

18 Cited authorities

  1. Bancorp v. Dudenhoeffer

    573 U.S. 409 (2014)   Cited 303 times   61 Legal Analyses
    Holding that a motion to dismiss in an ERISA case "requires careful judicial consideration of whether the complaint states a claim that the defendant has acted imprudently" and declining to adopt a defendant-friendly presumption

  2. Hecker v. Deere Co.

    556 F.3d 575 (7th Cir. 2009)   Cited 1,206 times   29 Legal Analyses
    Holding the use of revenue-sharing for plan expenses did not amount to an ERISA violation

  3. David v. Alphin

    704 F.3d 327 (4th Cir. 2013)   Cited 137 times   15 Legal Analyses
    Holding that a statutory violation alone is not enough

  4. Wright v. Oregon Metallurgical Corp.

    360 F.3d 1090 (9th Cir. 2004)   Cited 158 times   5 Legal Analyses
    Holding that “ERISA imposes three general duties on pension plan fiduciaries”: to “discharge their duties with ‘prudence’ ”; to “diversify investments to ‘minimize the risk of large losses' ”; and to “act ‘solely in the interest of the participants' and for the ‘exclusive purpose’ of providing benefits to those participants.” (quoting 29 U.S.C. § 1104(a) )

  5. Meiners ex rel. a class of all persons similarly situated v. Wells Fargo & Co.

    898 F.3d 820 (8th Cir. 2018)   Cited 96 times
    Holding that cheaper alternative investments with some similarities are not meaningful benchmarks

  6. Ellis v. Fid. Mgmt. Trust Co.

    883 F.3d 1 (1st Cir. 2018)   Cited 96 times   1 Legal Analyses
    Granting summary judgment against a claim that an ERISA fiduciary was imprudent "[i]n the wake of the 2007-2008 financial crisis" by allocating a stable value fund's assets "away from higher-return, but higher-risk sectors ... and toward treasuries and other cash-like or shorter duration investments," id. at 4

  7. Buffalo Laborers Sec. Fund v. J.P. Jeanneret Assocs., Inc.

    818 F. Supp. 2d 697 (S.D.N.Y. 2011)   Cited 83 times
    Granting motion for reconsideration

  8. Sacerdote v. N.Y. Univ.

    16-cv-6284 (KBF) (S.D.N.Y. Aug. 25, 2017)   Cited 64 times   3 Legal Analyses
    Finding ten years of underperformance combined with inaction supported imprudence claim

  9. In re Beacon Associates Litigation

    745 F. Supp. 2d 386 (S.D.N.Y. 2010)   Cited 77 times
    Holding that where a defendant “was under a duty to update or correct [a prior misrepresentation] ... Plaintiffs are entitled to the Affiliated Ute presumption of reliance on this omission”

  10. Tibble v. Edison Int'l

    729 F.3d 1110 (9th Cir. 2013)   Cited 64 times   10 Legal Analyses
    Holding "[m]utual funds . . . have a variety of unique regulatory and transparency features that make it an apples-to-oranges comparison to judge them against" investment alternatives "such as 'commingled pools'"

  11. Section 1002 - Definitions

    29 U.S.C. § 1002   Cited 11,041 times   60 Legal Analyses
    Holding that ERISA is a federal law that sets standards of protection for individuals in most voluntarily established, private-sector retirement plans

  12. Section 1104 - Fiduciary duties

    29 U.S.C. § 1104   Cited 4,826 times   72 Legal Analyses
    Specifying duties of a "fiduciary . . . with respect to a plan"

  13. Section 1109 - Liability for breach of fiduciary duty

    29 U.S.C. § 1109   Cited 2,489 times   9 Legal Analyses
    Breaching fiduciary "shall be subject to such other equitable or remedial relief as the court may deem appropriate"

  14. Section 1106 - Prohibited transactions

    29 U.S.C. § 1106   Cited 1,215 times   11 Legal Analyses
    Prohibiting a plan administrator or a plan fiduciary from transferring to or for the benefit of a party in interest any assets of the plan

  15. Section 1105 - Liability for breach of co-fiduciary

    29 U.S.C. § 1105   Cited 930 times   5 Legal Analyses
    Providing that a plan administrator may delegate fiduciary responsibilities if permitted by the ERISA plan