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The HR vice president of a Southern California Edison subsidiary was judged liable for breach of fiduciary duty in a well-known 401(k) case, Tibble vs. Edison. (Photo: Shutterstock)

Just because you’re in HR doesn’t mean you’re immune to the requirements of fiduciary duty.

A report from the Society of Human Resource Management tells of an HR vice president, among the administrators of a California energy company’s 401(k) plan, who were judged liable for breach of fiduciary duty for their investment choices after the U.S. Supreme Court ruled that such a breach would extend the statute of limitations under the Employee Retirement Income Security Act (ERISA).

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