Employment Law
ERISA
Breach of Fiduciary Duty
Jerry Vaughn, Theresa Travers v. Bay Environmental Management Inc., Caesar Nuti, Dennis Varni, Mario Aquilino, Loyd Bonfante, Joseph Zoppa, Estate of Granzella, Edward Menosse, Pasquale Parenti, FSC Securities Corp., Jerrold Weinberg
Published: Apr. 2, 2011 | Result Date: Feb. 22, 2011 | Filing Date: Jan. 1, 1900 |Case number: C03-5725 SC Settlement – $1,900,000
Court
USDC Northern
Attorneys
Plaintiff
Teresa S. Renaker
(Renaker Hasselman Scott LLP)
Lindsay P. Nako
(Impact Fund)
Defendant
Facts
Jerry Vaughn, and other employees of Bay Environmental Management Inc., filed a class action suit against the company.
Contentions
PLAINTIFF'S CONTENTIONS:
The class alleged breach of fiduciary duty under the Employee Retirement Income Security Act (ERISA)
Result
The parties reached a settlement for $1.9 million.
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