Duty of prudence is the cornerstone of many ERISA lawsuits, but it's a difficult concept to explain regardless of whether you are a lawyer for the plaintiff or for the defendant. U.S. District Court ...
“Prudence” seems like an old-fashioned word with a stodgy connotation, but for fiduciaries, it is a timeless concept with significant implications. Too often, investment advisers view prudence simply ...