ERISA - Breach of Fiduciary Duty; Standing: Overfunded Plan (access required)

Posted: 1:00 am Mon, November 9, 2009
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Where a plaintiff, who was a participant in a defined-benefit pension plan, brought an action under ERISA against plan fiduciaries for breach of fiduciary duty, also alleging that they engaged in prohibited transactions, summary judgment for the defendants is affirmed under the circuit precedent of Harley v. Minnesota Mining & Manufacturing Co., which held that ...

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