Smith v. Meyer

The plaintiff Andrew B. Smith brings this purported class action against the individual defendants, as trustees and members of the administrative committee of the profit sharing plan for the employees of Merrill Lynch, Pierce, Fenner & Smith Incorporated (“ Plan ”). Under the terms of the Plan, Merrill Lynch, Pierce, Fenner & Smith (“ Merrill Lynch”), and its respective predecessors in interest, as sole contributor, made regular contributions to the Plan on behalf of its employees, including the plaintiff and those he claims to represent. The plaintiff was employed by Merrill Lynch as an…