Supreme Court of the United States

Glenn Tibble, Petitioners v. Edison International

May 18, 2015135 S. Ct. 1823

Summary

The Supreme Court held that the six‑year limitations period under ERISA §1113 may be triggered by a breach of a fiduciary’s continuing duty to monitor and remove imprudent investments, vacating the Ninth Circuit’s judgment that the claim was untimely and remanding for further consideration. The Court noted it expressed no view on the precise scope of the fiduciary duty and left forfeiture issues for the lower court.