Bunch v. WR Grace Co.

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January 29, 2009

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6371 Pension, Health, and Welfare Funds
525110 Pension Funds
ESOP valuations
Bunch v. WR Grace Co.
2009 WL 211054 (C.A. 1 (Mass.))
US
Federal Court
1st Circuit
United States Court of Appeals
Caroline Turner English, James R Cummins, Jane H Walker, Nancy S Heermans, Paul M DeMarco, Scott M Flicker, Sean T Carnathan, Terrence L Goodman, Thomas A Rust, Valerie N Webb
Torruella

Summary

ESOP participants allege that plan administrators have breached their fiduciary duties by relying on value other than market price in divesting plan of company stock.
Bunch v. WR Grace Co.
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