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Allen v. Wells Fargo & Co.

Pending petition
Docket No. Op. Below Argument Opinion Vote Author Term
20-866 8th Cir. TBD TBD TBD TBD TBD

Issues: (1) Whether, under Fifth Third Bancorp v Dudenhoeffer, fiduciaries of an employee stock ownership fund are effectively immune from duty-of-prudence liability for the failure to publicly disclose inside information; and (2) whether Dudenhoeffer’s framework extends beyond prudence-based claims and applies to duty-of-loyalty claims against ESOP fiduciaries.

SCOTUSblog Coverage

DateProceedings and Orders (key to color coding)
Dec 23 2020Petition for a writ of certiorari filed. (Response due January 29, 2021)
Jan 07 2021Motion to extend the time to file a response from January 29, 2021 to March 1, 2021, submitted to The Clerk.
Jan 08 2021Motion to extend the time to file a response is granted and the time is extended to and including March 1, 2021.