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Text of Federal District Court Opinion of Summary Judgment for Directed Trustee of United's ESOP (PDF)
U.S. District Court for the Northern District of IllinoisLink to more items from this source
Oct. 13, 2005

16 pages; Oct. 12, 2005. Excerpt: We agree with the court's reasoning in In Re WorldCom, Inc. that 'a directed trustee's knowledge that a company's stock price and profits were declining and that the company was undergoing a restructuring' is not sufficient to find a breach of a fiduciary duty where the trustee continued to invest plan funds in the company's stock as directed.

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