Tibble v. Edison International

With the recent outcome of the U.S. Supreme Court Case, Hughes v. Northwestern Univ., the 2007 Tibble v. Edison International case is on our minds! In the latest episode of Two Fiduciary Nerds Disturbing the Peace with Jackie Reeves and Don Jones, our two co-hosts get nerdy discussing the case that paved the way for current fiduciary-related events.

In the Tibble case we know that the Supreme Court made a unanimous decision, stating that a plan fiduciary has a continuing duty to monitor the prudence of investment options, regardless of significant changed circumstances. This means that “imprudent retention of an investment” may trigger the tolling of a new statute of limitations period. (For more background involving the Tibble v. Edison case, you can learn more at Miller & Chavalier. They have a great summary of the case.

“Two Nerds” features Jackie Reeves, the Managing Director at Bell Rock Capital, a registered investment firm, and Don Jones, the Founder and a current partner at Fiduciary Wise, an ERISA Plan Fiduciary Firm. Both Jackie and Don were awarded a BCF™ (Board Certified Fiduciary™) designation from The Center for Board Certified Fiduciaries.

In the previous episode, Don and Jackie get nerdy about Hughes v. Northwestern Univ. Watch the previous episode here.

You can find the series on YouTube. Two Nerds will be published on the Fiduciary Wise YouTube channel once a month! Watch the latest episode below and don’t forget to like and subscribe to the channel.

Tell us your thoughts and ask us your questions! Comment on our video and let’s discuss.