Spivey v. Southern Co.
District Court, N.D. Georgia
1Opinion of the Court
ORDER
STORY, District Judge.
Jimmy R. Woods, a former employee of the Southern Company, filed this putative class action in late June, 2004. In his Complaint, he alleged that Defendants violated their duties as ERISA 1 fiduciaries vis-a-vis the Southern Company Employee Savings Plan (the “Savings Plan” or “Plan”) through maintenance of a substantial, ill-fated investment in Mirant Corporation (“Mirant”). Mr. Woods, in particular, alleged that Defendants were aware, or through a reasonable investigation, should have been aware, of scandalous and unlawful activities taking place within the former…
2Cases cited19 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Hickson Corp. v. Northern Crossarm Co.Court of Appeals for the Eleventh Circuit · 2004
- Allen v. Tyson Foods, Inc.Court of Appeals for the Eleventh Circuit · 1997
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