Legal Opinion
Wald v. Bank of America Corp.
District Court, E.D. New York
Decided April 19, 2012No. 11-cv-5957 (ENV)(JO)PublishedCited by 12 opinions
1Opinion of the Court
MEMORANDUM & ORDER
ERIC N. VITALIANO, District Judge.
Plaintiff David Wald filed this putative class action on December 7, 2011, alleging *547violations of the Employee Retirement Investment Security Act of 1974 (“ERISA”), 29 U.S.C. § 1001 et seq., by Bank of America Corporation (“BOA”), BOA’s Corporate Benefits Committee, and several BOA officers, directors, and employees (collectively, the “BOA defendants”). Plaintiff contends defendants breached their fiduciary duties under ERISA by investing covered funds in BOA securities, which they knew to be an imprudent investment, and failing to disclose…
2Cases cited15 opinions
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- New York Marine & General Insurance v. Lafarge North America, Inc.Court of Appeals for the Second Circuit · 2010
- Koster v. (American) Lumbermens Mutual Casualty Co.Supreme Court of the United States · 1947
- Pegram v. HerdrichSupreme Court of the United States · 2000
- Blair & Co., Inc. v. GottdienerCourt of Appeals for the Second Circuit · 2006
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3Cited by12 opinions
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- Lipshutz v. CostelloDistrict Court, E.D. New York · 2023
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