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Proving Loss Causation When Pension Plan Investment Results Disappoint

The First Circuit Shifts The Burden To The Mutual Fund Company and Evens The Circuit Split - Although philosophers view burden shifting as a logical fallacy, courts have long been willing, under certain circumstances, to...more

In Closely Watched Mutual Funds Case, 8th Circuit Sets High Bar For Labeling Retirement Plan Investments ‘Imprudent’

Mutual Fund Challenges Must Allege Poor Performance Against Meaningful Benchmarks to Avoid Dismissal - In Meiners v. Wells Fargo & Company, the U.S. Court of Appeals for the Eighth Circuit clarified the burden plaintiffs...more

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