Tibble v. Edison International, 575 U.S. 523 (2015), was a United States Supreme Court case in which the Court held that "because a fiduciary normally has a continuing duty to monitor investments and remove imprudent ones, a plaintiff may allege that a fiduciary breached a duty of prudence by failing to properly monitor investments and remove imprudent ones. Such a claim is timely as long it is filed within six years of the alleged breach of continuing duty."[1]
Tibble v. Edison International | |
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Argued February 24, 2015 Decided May 18, 2015 | |
Full case name | Glenn Tibble, et al, Petitioners v. Edison International, et al. |
Docket no. | 13–550 |
Citations | 575 U.S. 523 (more) 135 S. Ct. 1823; 191 L. Ed. 2d 795 |
Court membership | |
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Case opinion | |
Majority | Breyer, joined by unanimous |
Laws applied | |
Employee Retirement Income Security Act |
Opinion of the Court
editAssociate Justice Stephen Breyer authored the unanimous opinion of the Court.[2]
References
edit- ^ "Tibble v. Edison International".
- ^ "Tibble et al. v. Edison International et al" (PDF). United States Supreme Court. May 18, 2015. Archived from the original (PDF) on May 8, 2022.
External links
edit- Text of Tibble v. Edison International, 575 U.S. 523 (2015) is available from: CourtListener Justia Oyez (oral argument audio) Supreme Court (slip opinion) (archived)
- SCOTUSblog coverage