ERISA Authorizes Breach of Fiduciary Duty Action for Misconduct When it Impairs Plan Assets in Participant’s Individual Account

On Behalf of | Jan 14, 2010 | Case Updates, ERISA, ERISA - Fiduciary Duty, ERISA - Standing, Firm News, News

Can a plan participant sue for breach of fiduciary duty when his individual account is diminished by a failure of the administrator to follow his investment instructions? The U.S. Supreme Court answered this important question in the affirmative in James LaRue  v....