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Supreme Court takes up ERISA fiduciary duty case

WASHINGTON — Seeking to resolve a rather lopsided circuit split, the justices of the U.S. Supreme Court seem poised to support a requirement that employees alleging breach of fiduciary duty overcome a pleading-stage presumption that employee stock plan fiduciaries acted with prudence. The case of Fifth Third Bancorp v. Dudenhoeffer, No. 12-751, comes from the 6th ...