Allen v. Wells Fargo & Co.
Certiorari Denied
Petition for certiorari denied on May 3, 2021.
Issue
(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.
Dec 23, 2020Petition for a writ of certiorari filed. (Response due January 29, 2021)Jan 7, 2021Motion to extend the time to file a response from January 29, 2021 to March 1, 2021, submitted to The Clerk.
Jan 8, 2021Motion to extend the time to file a response is granted and the time is extended to and including March 1, 2021.
Mar 1, 2021Brief of respondents Wells Fargo & Company, et al. in opposition filed.Mar 15, 2021Reply of petitioners Francesca Allen, et al. filed. (Distributed)Mar 16, 2021DISTRIBUTED for Conference of 4/1/2021.
Apr 12, 2021DISTRIBUTED for Conference of 4/16/2021.
Apr 19, 2021DISTRIBUTED for Conference of 4/23/2021.
Apr 26, 2021DISTRIBUTED for Conference of 4/30/2021.
May 3, 2021Petition DENIED.
Recommended Citation: Allen v. Wells Fargo & Co., SCOTUSblog, https://www.scotusblog.com/cases/allen-v-wells-fargo-co/