Bloomberg BNA Quotes Jay McElligott on Impact of Fifth Third v. Dudenhoeffer

October 30, 2014

Partner James P. McElligott Jr. was quoted multiple times in an October 27, 2014, Bloomsberg BNA article titled “Employer Stock Plan Fiduciaries Can Take Liability-Shielding Measures, Attorneys Say.” The article discusses views expressed by Jay and other members of an ERISA litigation conference panel regarding the court’s opinion in Fifth Third v. Dudenhoeffer, which eliminated a defense to stock-drop claims but also may have made it harder for plaintiffs to lodge such complaints. To read the full text of the article, visit