Francesca Allen, et al., Petitioners v. Wells Fargo & Company, et al.
Case Number:
20-866
Court:
Nature of Suit:
3791 Employee Retirement Income Security
Firms
Companies
Sectors & Industries:
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July 07, 2021
High Court Onboards Big ERISA Suit, Leaves Others Behind
The U.S. Supreme Court had plenty of chances to weigh in on ERISA matters this term, considering petitions to take up cases involving retirement plan fees, retiree health benefits and company stock in benefit plans. Here, Law360 breaks down what made it onto the docket and what issues the high court refused to hear.
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May 03, 2021
High Court Won't Disturb Wells Fargo's ERISA Stock Drop Win
The U.S. Supreme Court declined Wells Fargo workers' bid Monday for review of their Eighth Circuit loss in an ERISA case, preserving the bank's victory over a suit alleging it let employees keep retirement savings in company stock despite knowing a scandal was brewing.
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January 08, 2021
Justices Urged To Clarify Bar For ERISA Stock-Drop Suits
Last year, the U.S. Supreme Court punted on a question that has vexed benefits litigators since 2014: What does it take for an ERISA stock-drop suit to withstand a dismissal motion? Now, Wells Fargo employees want the justices to resolve this issue once and for all, in a ruling that could have a seismic impact on how many of these cases make it to trial.