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Burden of Proof › Fiduciary Duty › Financial Adviser

Proskauer - Employee Benefits & Executive...

Eleventh Circuit Reiterates that Burden of Proving Loss Causation Stays with Plaintiffs

Proskauer - Employee Benefits & Executive... on

The Eleventh Circuit Court of Appeals recently affirmed a district court’s grant of summary judgment in favor of the fiduciaries of the Home Depot 401(k) plan, who defended against claims that they breached their fiduciary...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Delaware Supreme Court Provides Guidance on Aiding-and-Abetting Liability for Financial Advisors"

Skadden, Arps, Slate, Meagher & Flom LLP on

On November 30, 2015, the Delaware Supreme Court issued a much-anticipated opinion in RBC Capital Markets, LLC v. Jervis, No. 140, 2015, 129 A.3d 816 (Del. 2015). The Supreme Court unanimously affirmed the Court of Chancery’s...more

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