Legal Opinion

Pension Fund-Mid Jersey Trucking Industry-Local 701 v. Omni Funding Group

District Court, D. New Jersey

Decided February 15, 1990No. Civ. 84-4326(GEB)PublishedCited by 26 opinions

1Opinion of the Court

GARRETT E. BROWN, Jr., District Judge.

This memorandum and order resolves motions for summary judgment and attorney’s fees made by defendant Prudential-Bache Securities, Inc. (“Pru-Bache”) and Southeast Bank, N.A. of Miami, Florida (“Southeast Bank”). Plaintiff Pension Fund 1 filed this action on October 19,1984, alleging that it was the victim of a conspiracy to misdirect and misappropriate over $20 million of its funds. Plaintiff has alleged that Southeast Bank and Pru-Bache are liable for a breach of fiduciary duty under ERISA, as well as state common law contract and negligence theories.…

2Cases cited42 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  4. Pilot Life Insurance v. DedeauxSupreme Court of the United States · 1987
  5. Cort v. AshSupreme Court of the United States · 1975

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3Cited by26 opinions

  1. Beddall v. State Street Bank & Trust Co.Court of Appeals for the First Circuit · 1998
  2. Liss v. SmithDistrict Court, S.D. New York · 1998
  3. Olson v. E.F. Hutton & Co.Court of Appeals for the Eighth Circuit · 1992
  4. Olson v. Hutton & Company, Inc.Court of Appeals for the Eighth Circuit · 1992
  5. Saudi Basic Industries Corp. v. ExxonMobil Corp.District Court, D. New Jersey · 2002

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