Ellis v. Fidelity Management Trust
Court of Appeals for the First Circuit
1Opinion of the Court
KAYATTA, Circuit Judge.
Plaintiffs James Ellis and William Perry brought this certified class action under the Employee Retirement Income Security Act of 1974 ("ERISA"), alleging that Fidelity Management Trust Company, the fiduciary for a fund in which plaintiffs had invested, breached its duties of loyalty and prudence in managing the fund. Fidelity won summary judgment and plaintiffs appealed. Because the district court correctly concluded that plaintiffs failed to adduce evidence necessary to proceed to trial, we affirm.
I
"On review of an order granting summary judgment, we recite the facts…
2Cases cited15 opinions
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