LaRue v. DeWolff, Boberg & Associates, Inc., 552 U.S. 248, 128 S. Ct. 1020 (2008)

James LaRue directed DeWolff, his former employer, to make certain changes to the investments in his individual 401(k) account, but DeWolff failed to effect those changes as directed. LaRue alleged that DeWolff breached its fiduciary duty to him under ERISA by failing to carry out his instructions, which resulted in a loss to his 401(k) account of approximately $150,000. Although the lower courts concluded LaRue had no claim for relief under ERISA, the United States Supreme Court reversed, holding that Section 502(a)(2) of ERISA provides for suits to enforce the liability-creating provisions of Section 409 (concerning breaches of fiduciary duty that harm plans such as LaRue’s defined contribution plan).