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United States Second Circuit

Jander v. IBM, 17‐3518

Held that employees plausibly pleaded a duty‐of‐prudence claim against the fiduciaries of their employee stock option plan. The fiduciaries allegedly knew but failed to disclose that the company's stock was overvalued. Reversed the dismissal of the employees' ERISA claims.

Appellate Information

  • Decided
  • Published 2018/12/10


  • Katzmann


  • United States Second Circuit


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