Williams v. Provident Investment Counsel, Inc.

ORDER

CARR, District Judge.

This is a suit by the trustees of the Toledo Area Sheet Metal Workers Pension Plan and Trust (the “Plan”) to recover monies allegedly lost through the failure of the defendant Provident Investment Counsel, Inc. (“Provident”) to fulfill its fiduciary duties as the Plan’s investment manager. Provident, contending that the other fiduciaries of the Plan are also liable for any alleged losses, has filed a counterclaim against the trustees and a third-party complaint against the trustees’ investment consultants, Midwest Continental Company (“Midwest”) and Jeffrey Barefoot.

P…