Jenner & Block

Client Alert: Supreme Court Adopts New Prudence Pleading Requirements for ERISA Stock-Drop Cases in Fifth Third Bancorp v. Dudenhoeffer

Jenner & Block Partners Craig C. Martin, Matthew J. Renaud, Amanda S. Amert, April A. Otterberg, Michael W. Ross and Associate Brienne M. Letourneau authored this client alert titled “Supreme Court Adopts New Prudence Pleading Requirements for ERISA Stock-Drop Cases in Fifth Third Bancorp v. Dudenhoeffer.” The client alert summarizes the Supreme Court’s decision in Fifth Third and identifies important ramifications of the Court’s decision, which affects any company that features its own stock as part of its employee benefits offerings.