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Stock-Drop Plaintiffs Win Skirmishes in Fifth Third Case
planadviser; registration may be required 
Oct. 5, 2008
Excerpt: Plaintiffs in a January 2005 stock-drop and excessive fee case have won two legal skirmishes with a federal judge's rulings certifying the case as a class action and refusing a request to throw out the lawsuit. A news release from the Scott and Scott law firm said the rulings came in a suit filed by Benjamin Shirk seeking to represent participants and beneficiaries in the Fifth Third Master Profit Sharing Plan. The case charged the bank and a number of its executives with mismanaging the plan and breaching their fiduciary duties under the Employee Retirement Income Security Act (ERISA).
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