Laborers National Pension Fund v. Northern Trust Quantitative Advisors, Inc.

How courts have described this case

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

• appropriate inquiry is whether the individual trustees at the time they engaged in the challenged transactions, employed the appropriate methods to investigate the merits and structure of the investment
• “Since 1979, investment managers have been held to the standard of prudence of the modern portfolio theory by the Secretary’s regulations.” (citing 29 C.F.R. § 2550.404a-1)

Source: CourtListener parenthetical corpus (CC0).