Mealey's Securities/D&O Liability - High Court Grants Cert, Remands Case In Light Of Fifth Third Bancorp

Mealey's Securities/D&O Liability - High Court Grants Cert, Remands Case In Light Of Fifth Third Bancorp

WASHINGTON, D.C. - The U.S. Supreme Court on June 30 granted certiorari, vacated judgment and remanded a Ninth Circuit U.S. Court of Appeals decision in a case arising under the Employee Retirement Income Security Act light of the high court's recent presumption of prudence ruling in Fifth Third Bancorp v. Dudenhoeffer (Amgen Inc., et al. v. Steve Harris, et al., No. 13-888, U.S. Sup.).

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