Pender v. Bank of America Corp.

How courts have described this case

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

• “A fiduciary has a duty to ignore a plan term that is inconsistent with ERISA if implementing that term is contrary to a participant’s interest”
• “[Bank of America] commingled the 401(k) assets with the [ ] Plan assets and then invested those assets with the hope of offsetting the Bank’s obligation to fund the [ ] Plan. In turn, when the 401(k) assets were transferred and commingled, 401(k

Source: CourtListener parenthetical corpus (CC0).