Goldilocks And The 3 Stable Value Fund Lawsuits

Law360 (April 4, 2018, 11:03 AM EDT) -- Stable value fund litigation looked a lot like the Goldilocks problem. Plaintiff firms sued companies for offering stable value funds that were allegedly too risky or not risky enough, much like Goldilocks' challenge of finding porridge that was just right — not too hot or too cold.

For stable value funds, it turns out, the porridge cannot be too cold. At least that was the opinion of the First Circuit, which became the first appellate court to rule on stable value funds. The opinion in Ellis v. Fidelity Management Trust Company, issued on Feb. 21, 2018, upheld the dismissal of a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!