Judge: No Discovery Extension For In-Person Depositions In Retirement Plan Suit

Mealey's (May 10, 2021, 1:21 PM EDT) -- CHICAGO — In a May 6 minute order, a federal judge in Illinois in a breach of fiduciary duty case warned parties that a discovery extension would not be granted based on a desire to wait for in-person depositions; the entry came approximately three weeks after the same judge narrowed the claims in the case that accuses an employer, its retirement plan committee and others of improperly retaining the investment managers’ proprietary collective investment trusts which allegedly underperformed and charged unreasonable fees and failing to properly monitor the fiduciaries....