Allison v. Bank One - Denver
Court of Appeals for the Tenth Circuit
1DissentHartz, Circuit Judge
I concur in all of Judge Kelly’s impressive opinion except for the section entitled “Purported Amendment of Plan.” I would affirm the district court’s decision that the Plan was amended to provide for self-direction of investments by the participants. Nevertheless, even if the Plan was amended, Bank One may be subject to liability for losses arising from the self-directed investments in Hedged. Therefore, I agree with the majority that reversal is necessary.
As I understand the majority opinion, its view of events is that (1) each participant in the Plan wanted to self-direct the investments…
2Cases cited12 opinions
- Mertens v. Hewitt AssociatesSupreme Court of the United States · 1993
- Alessi v. Raybestos-Manhattan, Inc.Supreme Court of the United States · 1981
- Curtiss-Wright Corp. v. SchoonejongenSupreme Court of the United States · 1995
- Nachwalter v. ChristieCourt of Appeals for the Eleventh Circuit · 1986
- In Re Unisys Savings Plan Litigation John P. Meinhardt, on Behalf of Himself and All Others Similarly Situated v. Unisys Corporation (d.c.civil No. 91-Cv-03067) Michael Heck Joseph McCarthy Angelo Dipietro, on Behalf of Themselves and All Others Similarly Situated v. Unisys Corporation the Administrative Committee of the Unisys Savings Plan the Investment Committee of the Unisys Savings Plan Jack A. Blaine John J. Loughlin Kenneth Miller David A. White Stefan Riesenfeld (d.c.civil No. 91-Cv-03276) Gary Vala, Individually and on Behalf of All Others Similarly Situated v. Jack A. Blaine Michael R. Losey Kenneth L. Miller Stefan C. Riesenfeld Curtis A. Hessler David A. White Unisys Corporation the Northern Trust Company (d.c.civil No. 91-03278) Carolyn A. Gohlike, on Behalf of Herself and All Others Similarly Situated v. Unisys Corporation (d.c.civil No. 91-Cv-03321) Dennis C. Stanga James M. Collins, on Behalf of Themselves and All Others Similarly Situated v. Unisys Corporation (d.c.civil No. 91-Cv-04689) John H. Burgess, Jr., on Behalf of Himself and All Others Similarly Situated v. Unisys Corporation (d.c.civil No. 91-Cv-04696) John P. Meinhardt, Michael Heck, Joseph McCarthy Angelo Dipietro, Gary Vala, Carolyn Gohlike, Dennis C. Stanga, James M. Collins and John H. Burgess, Jr., in No. 95-1156 in Re Unisys Savings Plan Litigation John P. Meinhardt, on Behalf of Himself and All Others Similarly Situated v. Unisys Corporation (d.c.civil No. 91-Cv-03067) Bernard McDevitt on Behalf of Himself and All Others Similarly Situated v. Unisys Corporation (d.c.civil No. 91-Cv-03126) Parker C. Kean, on Behalf of Himself and All Others Similarly Situated v. Unisys Corporation (d.c.civil No. 91-Cv-03164) Nadia F. Sos Farouk M. Sos, Individually and on Behalf of All Others Similarly Situated v. Unisys Corporation (d.c.civil No. 91-Cv-03582) Kenneth Goers John J. Cieslicki, on Behalf of Themselves and All Others Similarly Situated v. Unisys Corporation the Northern Trust Company (d.c.civil No. 91-Cv-04678) William Torkildson v. Unisys Corporation (d.c.civil No. 91-Cv-04754) Bernard McDevitt Parker Kean, Nadia F. Sos, Farouk M. Sos, Kenneth Goers, John J. Cieslicki and William Torkildson, in No. 95-1157 in Re Unisys Savings Plan Litigation John P. Meinhardt, on Behalf of Himself and All Others Similarly Situated v. Unisys Corporation (d.c.civil No. 91-Cv-03067) Henry Zylla Richard Silver Ronald Grippo Edward Lawler Richard Andujar Clarence Muller Charles Wahler James McLaughlin Donald Rader Joseph Lau James Gangale Alfred Contarino Richard Colby John Marcucci Joseph Fiore Richard Mastrodomenico Nick Klemenz Peter Szczybek, on Behalf of Themselves and All Others Similarly Situated Engineers Union Local 444 of the International Union of Electronic, Electrical, Salaried, MacHine and Furniture Workers, a.f.l.-c.i.o. Locals 445 of the International Union of Electronic, Electrical, Salaried, MacHine and Furniture Workers, a.f.l.-c.i.o. Locals 450 of the International Union of Electronic, Electrical, Salaried, MacHine and Furniture Workers, a.f.l.-c.i.o. Locals 470 of the International Union of Electronic, Electrical, Salaried, MacHine and Furniture Workers, a.f.l.-c.i.o. Locals 165 of the International Union of Electronic, Electrical, Salaried, MacHine and Furniture Workers, a.f.l.-c.i.o. Local 3, International Brotherhood of Electrical Workers, a.f.l.-c.i.o. v. Unisys Corporation Edwin P. Gilbert John J. Loughlin Thomas Penhale, Individually and in Their Capacities as Members of the Unisys Employee Benefits Executive Committee and Administrators of the Unisys Retirement Investment Plan Richard H. Bierly Curtis A. Hessler Leon J. Level Kenneth L. Miller David A. White Jack A. Blaine Stefan C. Riesenfeld George T. Robson, Individually and in Their Capacities as Members of the Investment Committee of the Unisys Retirement Investment Plan (d.c. Civil No. 91-Cv-03772) Henry Zylla, Richard Silver, Ronald Grippo, Edward Lawler, Richard Andujar, Clarence Muller, Charles Wahler, James McLaughlin Donald Rader, Joseph Lau, James Gangale, Alfred Contarino, Richard Colby, John Marcucci, Joseph Fiore, Richard Mastrodomenico, Nick Klemenz and Peter Szczybek, Individually and on Behalf of the Class Certified, in No. 95-1186Court of Appeals for the Third Circuit · 1996
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