In Re Schering-Plough Corp. ERISA Litigation

OPINION

HAYDEN, District Judge.

Plaintiffs Jingdong Zhu and Adrian Fields (collectively, “plaintiffs”), on behalf of the Schering-Plough Corporation Employee’s Savings Plan (“Savings Plan”) and its participants and beneficiaries (collectively the “Plan Participants”), have filed a five count complaint alleging violations of the Employee Retirement Income Security Act (“ERISA”) against multiple defendants. These defendants are: (1) Scher-ing-Plough Corporation as the employer (“Company”); (2) various members of the board of directors of the Company, all but one of whom were also members of the…