Trustees of the Hotel Employees & Restaurant Employees International Union Welfare Pension Fund v. Amivest Corp.
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
ASPEN, District Judge:
The plaintiffs in this case are the trustees of three pension funds of the Hotel Employees and Restaurant Employees International Union (“HERIU”). The defendant, Amivest Corporation, is the former investment manager of these funds. The Trustees claim that Amivest violated the Employee Retirement Income Security Act of 1974 (“ERISA”), 29 U.S.C. § 1100 et seq. and the Rule 10b-5 of the Securities Exchange Act of 1934. The Trustees also seek recovery under various common law tort theories. Amivest has moved to dismiss the claim for lack of…
2Cases cited20 opinions
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- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- Chemical Bank v. Arthur Andersen & Co.Court of Appeals for the Second Circuit · 1984
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