LaRue v. DeWolff, Boberg & Associates, Inc.
| LaRue v. DeWolff, Boberg & Associates, Inc. | |
|---|---|
| Decided February 20, 2008 | |
| Full case name | LaRue v. DeWolff, Boberg & Associates, Inc. |
| Citations | 552 U.S. 248 (more) |
| Holding | |
| Although ERISA does not provide a remedy for individual injuries distinct from plan injuries, it does authorize someone with a retirement account to recover from an account manager who commits fiduciary breaches that impair the value of plan assets in that person's individual account. | |
| Court membership | |
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| Case opinion | |
| Majority | Stevens, joined by unanimous |
| Laws applied | |
| Employee Retirement Income Security Act of 1974 | |
LaRue v. DeWolff, Boberg & Associates, Inc., 552 U.S. 248 (2008), was a United States Supreme Court case in which the court held that, although the Employee Retirement Income Security Act of 1974 (ERISA) does not provide a remedy for individual injuries distinct from plan injuries, it does authorize someone with a retirement account to recover from an account manager who commits fiduciary breaches that impair the value of plan assets in that person's individual account.