Partner Mike Abbott Discusses Tibble v. Edison Ruling with the Houston Chronicle
May 21, 2015
On May 21, the Houston Chronicle spoke with Gardere Partner Michael A. Abbott about a recent U.S. Supreme Court ruling that will expand the rights for employees to sue over 401(k) plans.
According to Mr. Abbott, the decision in Tibble v. Edison emphasizes that fees do not n’t affect the amount of retirement money promised in a pension, but they do directly impact 401(k) accounts. Thus, Mr. Abbott encourages employees to be proactive with their savings. "As a participant, you need to take responsibility for your own retirement investments and make sure that your 401(k) fiduciaries are periodically monitoring the investments that are being offered," he said.
Subscribers can access the full article here.
Related News
March 3, 2026
In the News
Judith Waltz Weighs CMS Anti‑Fraud Tools, Provider Screening, and Moratorium Risks
Foley & Lardner LLP partner Judith Waltz was quoted in the Report on Medicare Compliance article, “Attestation May Send Some PBDs Packing; ‘They May Find Things Have Eroded Over Time’,” discussing the evolving anti-fraud ecosystem, the Centers for Medicare & Medicaid Services' (CMS) forthcoming provider screening tool, and benefits of moratorium.
March 3, 2026
In the News
Susan Pravda Reflects on Leadership, Risk, and Resilience –'Trust Your Instincts'
Foley & Lardner LLP partner Susan Pravda writes on how relationships give her the resilience to keep reaching new heights in a recent "In Her Words" column with The Business Journals.
March 2, 2026
In the News
Gustavo Resendiz Assesses Challenges of Private Equity Fundraising
Foley & Lardner LLP partner Gustavo Resendiz examined the challenges of private equity fundraising in the Mergers & Acquisitions article, “The State of Middle Market Fundraising.”