Legal Opinion

Leigh v. Engle

District Court, N.D. Illinois

Decided August 27, 1987No. 78 C 3799PublishedCited by 14 opinions

1Opinion of the Court

FINDINGS OF FACT AND CONCLUSIONS OF LAW

BRIAN BARNETT DUFF, District Judge.

This action under the Employee Retirement Income Security Act (“ERISA”), 29 U.S.C. §§ 1001-1461 accuses defendants of misusing the assets of an employees’ profit-sharing trust. Defendants allegedly invested a substantial portion of the trust’s assets in three speculative stocks for the purpose of enhancing their own investments in those stocks, and delayed distribution of trust assets to beneficiaries in order to profit by prolonging their control of the trust’s stock holdings.

Plaintiffs and intervening plaintiffs…

2Cases cited16 opinions

  1. Hensley v. EckerhartSupreme Court of the United States · 1983
  2. Massachusetts Mutual Life Insurance v. RussellSupreme Court of the United States · 1985
  3. International Brotherhood of Electrical Workers v. FoustSupreme Court of the United States · 1979
  4. Charles W. Leigh and Ervin F. Dusek, Etc., and George Johnson, Intervening v. Clyde William EngleCourt of Appeals for the Seventh Circuit · 1984
  5. The Sommers Drug Stores Co. Employee Profit Sharing Trust, Cross-Appellant v. Corrigan Enterprises, Inc. And Walter N. Corrigan, Cross-AppelleesCourt of Appeals for the Fifth Circuit · 1986

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3Cited by14 opinions

  1. Charles W. Leigh & Ervin F. Dusek, and Estate of George Johnson, Intervening Cross-Appellees v. Clyde William Engle, Cross-AppellantsCourt of Appeals for the Seventh Circuit · 1988
  2. Diduck v. Kaszycki & Sons Contractors, Inc.District Court, S.D. New York · 1990
  3. Montgomery v. Aetna Plywood, Inc.District Court, N.D. Illinois · 1998
  4. Kline v. Nationsbank of Virginia, N.A.District Court, E.D. Virginia · 1995
  5. Perez v. BruisterDistrict Court, S.D. Mississippi · 2014

9 more not listed; retrieve them via the Exa API.

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