Motion To Bifurcate Trial In Retirement Plan Mismanagement Suit Denied

Mealey's (November 11, 2019, 9:34 AM EST) -- BOSTON — In an electronic order issued Nov. 7, a Massachusetts federal judge denied retirement plan defendants' motion to bifurcate a trial in a suit filed by plaintiffs who allege that the defendant plan fiduciaries mismanaged the plaintiffs’ retirement savings plan after determining that an advisory jury will preserve the plaintiffs’ rights despite the fact that a jury trial does not attach to the plaintiffs’ claims, which could result in an equitable surcharge rather than legal damages (Kevin Moitoso, et al. v. FMR LLC, et al., No. 18-12122, D. Mass.)....