Allen, et al. v. Wells Fargo & Co., et al.
Published on:
November 16, 2018
Committee:
Court:
U.S. Court of Appeals
(Eighth Circuit)
Amicus Issue:
Whether the U.S. Supreme Court’s decision in Fifth Third Bancorp. V. Dudenhoeffer, 134 S. Ct. 2459 (2014) applies to and sets the pleading standard required for a breach of the duty of loyalty claim in an ERISA stock-drop class action lawsuit.
Counsel of Record:
Gibson Dunn & Crutcher LLP
Mark A. Perry
Allison K. Turbiville
Other Amici:
U.S. Chamber of Commerce
American Benefits Council
ERISA Industry Committee