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WRIGHT v. OREGON METALLURGICAL CORP.

No. CV 01-325-BR.

222 F.Supp.2d 1224 (2002)

Richard WRIGHT, Greg S. Buchanan, and Darrell Hagan, Plaintiffs, v. OREGON METALLURGICAL CORPORATION dba Oremet Titanium, Carlos E. Aguirre, Dennis P. Kelly, Gary Weber, Jack Cox, Key Trust Company of the Northwest, and United Steelworkers of America Local 7150, Defendants.

United States District Court, D. Oregon.

August 6, 2002.

Attorney(s) appearing for the Case

James C. Egan, Kryger, Alexander, Egan & Elmer, P.C., Albany, NY, Gary D. Greenwald, Leslie Blair Graden, Shayne & Greenwald Co. LPA, Columbus, OH, for Plaintiffs.

Kerry J. Shepherd, Markowitz, Herbold, Glade & Mehlaf, P.C., Portland, OR, Brian T. Ortelere, Pepper Hamilton LLP, Philadelphia, PA, Michelle Motowski Lund, Pepper Hamilton LLP, Detroit, MI, for Defendants Oregon Metallurgical Corporation, Carlos E. Aguirre, Dennis P. Kelly, Gary Weber, and Jack Cox (collectively referred to herein as the Oremet Defendants).

James M. Finn, Denise M. Graves, Schwabe, Williamson & Wyatt, P.C., Portland, OR, Brian J. Lamb, Gary L. Walters, Thompson Hine LLP, Cleveland, OH, for Defendant Key Trust Company of the Northwest.

John Bishop, McKanna Bishop Joffe, Portland, OR, Douglas L. Greenfield, Leon Dayan, Bredhoff & Kaiser, P.L.L.C., Washington, D.C., for Defendant United Steelworkers of America Local 7150.

OPINION AND ORDER

BROWN, District Judge.

Plaintiffs bring this action against Defendants under the Employee Retirement Income Security Act of 1974 as amended (ERISA), 29 U.S.C. § 1001, et seq. Plaintiffs are three participants in the Employee Stock Ownership Plan (ESOP or the Plan) established by Defendant Oregon Metallurgical Corporation (Oremet).

This matter comes before the Court on three Motions to Dismiss the First Amended Complaint...

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