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Kruse-Western Wins Partial Dismissal in ERISA Lawsuit over $244 Million Stock Sale
McDermott Will & Emery
Aug. 7, 2019 "[T]he federal court dismissed the plaintiff's ERISA claim for equitable relief against non-fiduciaries and ERISA fiduciary-breach claims against shareholders who sold stock to an ESOP. The case affirms some limitations under ERISA for claims against non-fiduciaries and the scope of fiduciary obligations." [Zavala v. Kruse-Western, Inc., No. 19-239 (E.D. Cal. July 26, 2019)] MORE >> |
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