2 Classes Certified In First Horizon ERISA Suit

Law360, New York (June 6, 2011, 3:34 PM EDT) -- A Tennessee federal court certified two classes of plaintiffs Friday in a suit claiming that a retirement plan for First Horizon National Corp. employees imprudently invested plan funds in company stock and mutual funds.

The plaintiffs had requested that the court certify just one class, but U.S. District Judge S. Thomas Anderson decided Friday that two classes would be better, one that had invested in First Horizon stock, and another that had invested in First Horizon’s proprietary mutual or money market funds.

The class action was...
To view the full article, register now.




Case Information

Case Title

Sims v. First Horizon National Corporation et al

Case Number



Tennessee Western

Nature of Suit

Labor: E.R.I.S.A.


S. Thomas Anderson

Date Filed

May 8, 2008

Law Firms


UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.