Discuss the potential impact of this ruling

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Reference no: EM131919475

Previously in stock-drop cases, courts used a presumption of prudence standard, presuming investment of company stock in company pension plans to have been prudent and therefore valid, despite problems with the stock.

But a recent Supreme Court case ruled that the managers of company stock funds enjoy no special presumption of prudence.

Discuss the potential impact of this ruling.

Reference no: EM131919475

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