U.S. Court of Appeals for the Second Circuit ERISA Fiduciary Duty — Stock Options Gearren v. McGraw-Hill Cos. Inc. 10-792-cv (L) Judge Walker, Cabranes and Straub Background: The plaintiffs appealed from a decision that granted the defendants’ motion to dismiss ...

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U.S. Court of Appeals for the Second Circuit Fiduciary Duty Broker/Customer Relationship USA v. Wolfson 10-2786(L) Judge Kearse, Pooler and Lynch Background: The defendant-appellant appealed from two judgments of conviction on a number of criminal counts including securities fraud relating ...

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New York State Court of Appeals Fiduciary Duty Insurance Brokers People ex rel. Cuomo v. Wells Fargo Insurance Services Inc. Appealed from the First Department No. 6 Background: The attorney general brought this action against a large insurance brokerage firm ...

Tagged with: fiduciary duty New York State Court of Appeals

Appellate Division, Third Department Banking Fiduciary Duty — Subrogation Lawyers’ Fund for Client Protection of the State of New York v. JP Morgan Chase Bank N.A. 510339 Appealed from Supreme Court, Albany County Background: The plaintiff has the statutory purpose ...

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An ERISA plaintiff couldn’t sue for breach of fiduciary duty based on a claim that his wife retired in reliance on material misrepresentations about the amount of his pension benefits, the 3rd Circuit has ruled in affirming judgment.

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U.S. Bankruptcy Court, Western District of New York Secured Creditors Fiduciary Duty — Restructuring In Re Lyons Equipment Co. Inc. 09-12419 Judge Bucki Background: Prior to the commencement of bankruptcy proceedings, a secured creditor caused the appointment of a chief ...

Tagged with: fiduciary duty U.S. Bankruptcy Court Western District of New York