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Ninth Circuit Affirms Dismissal of ERISA Suit Alleging Boeing Wrongfully Distributed Investment Plan Account
Roberts Disability Law Dec. 12, 2022 "Plaintiff alleged that ... Boeing did not inform her that the Plan would require a distribution ... of her beneficiary account by no later than December 2018. She further alleged that Plan representatives had discouraged her from rolling her account over to an [IRA] because of an anticipated increase in the price of Boeing stock.... The court explained that [the plaintiff] does not adequately allege facts to establish that the Appellees violated ERISA or the terms of the plan or that [they] breached their fiduciary duty[.]" [Kopelev v. The Boeing Company, No. 21-55937 (9th Cir. Dec. 9, 2022)] |
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