International Import & Export Co. v. Di Monda

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• allowing an ERISA breach-of-prudence claim to proceed where the plaintiffs alleged that the defendants imprudently retained historically underperforming stocks that charged excessive fees when lower cost and higher performing investments were available
• fiduciaries can be held accountable for failing to monitor and make sure that record-keepers charged appropriate fees and did not receive overpayments for their services
• “Whether the Plans’ fi‐ duciaries intended to benefit TIAA, Fidelity, and Vanguard is an issue that can be better determined at the motion for summary judgment stage.”
• no claim for a plan with 111 investments offered
• no claim for a plan with 111 investments offered

Source: CourtListener parenthetical corpus (CC0).