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Home / Opinion Digests / Employment – ERISA – Fiduciary Duty – Retirement Fund – Airline Stock (access required)

Employment – ERISA – Fiduciary Duty – Retirement Fund – Airline Stock (access required)

In this breach of fiduciary duty case brought by a former US Airways employee, pursuant to ERISA Sects. 502(a) and 409(a), the district court did not err in holding that retention of US Airways stock as one investment option in a company 401(k) plan did violate defendants' fiduciary duty under ERISA, despite US Airways' ...

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