United States First Circuit
Kelley v. Fidelity Mgmt. Trust Co., 15-1445
In a putative class action filed by retirement-plan participants and one plan administrator, involving investments to generate retirement benefits, the District Court's dismissal under Federal Rule of Civil Procedure 12(b)(6) is affirmed over plaintiffs' contentions that defendants are dealing with plan assets in breach of fiduciary duties imposed by the Employee Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. sections 1001-1461.
Appellate Information
- Published 2016/07/13
Judges
- SOUTER
Court
- United States First Circuit