New York Federal Judge Partly Grants Request For Fees By ERISA Plaintiffs

Mealey's (April 26, 2016, 2:21 PM EDT) -- NEW YORK — Following a bench trial that ended with findings that two defendants breached their fiduciary duties under the Employee Retirement Income Security Act, a New York federal judge on April 21 awarded the prevailing plaintiffs $2.6 million in attorney fees and costs (Severstal Wheeling Inc. Retirement Committee v. WPN Corporation, et al., No. 10-954, S.D. N.Y.; 2016 U.S. Dist. LEXIS 53563).

(Decision available. Document #54-160511-035Z.)

According to U.S. Judge Laura Taylor Swain of the Southern District of New York, the motion by plaintiffs —...
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