Gerosa v. Savasta & Co.
Court of Appeals for the Second Circuit
1Opinion of the Court
KATZMANN, Circuit Judge.
The Cement Masons’ Local 780 Pension Fund is a retirement benefits plan established under the Employee Retirement Income Security Act (“ERISA”). The Plaintiffs, Alfred G. Gerosa and other trustees of the Fund, allege that, as a result of the negligence of their actuary, the Defendant, Savasta & Company, Inc., the Fund is now dangerously underfunded. Accordingly, they brought suit against Savasta under ERISA’s civil enforcement section, 29 U.S.C. § 1132(a)(3) (2000), as well as under several state-law theories of liability. Following the Defendant’s 12(b)(6) Motion, the…
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