BIRMINGHAM EMPLOYEES'RET. SYS. v. Comerica Bank

OPINION AND ORDER GRANTING IN PART AND DENYING IN PART DEFENDANT’S MOTION TO DISMISS (docket no. 51)

STEPHEN J. MURPHY, III, District Judge.

In this proposed class action, nine pension plans, through their boards of trustees (“Plaintiffs”), contend that Defendant Comerica Bank (“Comerica”) violated various state and federal statutes in the course of managing the plans’ assets. Plaintiffs assert claims for declaratory judgment (count I), breach of fiduciary duty under the common law (count II), ERISA violations (counts III and TV), violations of Michigan law (count V), breach of contract (count…