D.C. Federal Judge Lets Pilots’ Fiduciary Breach Claim Stand
(July 12, 2016, 11:24 AM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on July 6 denied the Pension Benefit Guaranty Corp.’s (PBGC) motion to dismiss plaintiffs’ breach of fiduciary duty claim in a putative class action against the agency under the Employee Retirement Income Security Act (K. Wendell Lewis, et al. v. Pension Benefit Guaranty Corporation, No. 15-1328, D. D.C.; 2016 U.S. Dist. LEXIS 87199).
(Opinion available. Document #54-160713-066Z.)
U.S. Judge Reggie B. Walton of the District of Columbia said that he found the plaintiffs’ allegations “sufficient to state...