Case Study: Tussey V. ABB

Law360, New York (September 6, 2012, 12:11 PM EDT) -- On March 31, 2012, Judge Nanette Laughrey of the United States District Court for the Western District of Missouri released her opinion more than two years after a four-week bench trial on retirement plan fee claims in the case styled Tussey, et al. v. ABB Inc., et. al., No. 2:06-cv-04305-NKL (W.D. Mo. Mar. 31, 2012).

The decision is significant for many reasons, being among the first to find fiduciaries liable for breaching fiduciary duties based on fees paid in such a plan, and also the first...
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