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McLAUGHLIN v. ROWLEY

No. CA-3-83-1285-T.

698 F.Supp. 1333 (1988)

Ann McLAUGHLIN, Successor to William E. Brock, Secretary of the United States Department of Labor, Plaintiff, v. John H. ROWLEY, Harry C. Herrington, Robin Wightman, Dale Chappell, Wade Wallace, W.L. Baxter, David Chaffin, and Ed Cernosek, Defendants.

United States District Court, N.D. Texas, Dallas Division.

October 24, 1988.

Attorney(s) appearing for the Case

T. Timothy Ryan, Jr., Sol. of Labor, Robert N. Eccles, Acting Associate Sol., Plan Benefits Security Div., Norman P. Goldberg by Charles R.P. Pouncy, Sherwin S. Kaplan, G. William Scott, Stephen J. Kessler, U.S. Dept. of Labor, Office of the Sol., Plan Benefits Security Div., Washington, D.C., for Fiduciary Litigation.

Charles Ory, U.S. Attorney's Office, Dallas, Tex., for plaintiff.

Claude R. Wilson, Jr., George Garrison Potts, Alan J. Hostetter, Golden, Potts, Boeckman & Wilson, Dallas, Tex., for defendants.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

MALONEY, District Judge.

This case was filed by the Secretary of the United States Department of Labor ("Plaintiff" or the "Secretary") on July 26, 1983. Plaintiff filed this suit under the Employee Retirement Income Security Act ("ERISA"). Plaintiff alleges that Defendants, who are trustees of the Rowley United Pension Fund ("the Plan"), violated the "prudence," "exclusive...

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