United States Third Circuit
Nat'l Sec. Sys., Inc. v. Iola, 10-4154
In plaintiffs' suit against a financial planner and other entities, arising out of a tax avoidance scheme known as the Employers Participating Insurance Cooperative (EPIC), judgment of the district court is affirmed for the most part, but vacated and remanded as to: 1) district court's partial grant of summary judgment in favor of the defendant regarding plaintiffs' state law claims to the extent that they alleged that defendant misrepresented the existence of a reserve fund, the availability of conversion credits, and the nature of his commissions before adoption of the EPIC plans; 2) the jury's verdict on the plaintiffs' RICO claim; and 3) the district court's ruling that two of the plaintiffs' ERISA claims are time-barred.
Appellate Information
- Decided 11/08/2012
- Published 11/08/2012
Judges
- Chagares
Court
- United States Third Circuit