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SHEPARD v. EMPLOYERS MUT. CAS. CO.

No. 4:19-cv-00374-JAJ-CFB.

476 F.Supp.3d 862 (2020)

Gregory M. SHEPARD, Plaintiff, v. EMPLOYERS MUTUAL CASUALTY COMPANY and Bruce G. Kelley, Defendants.

United States District Court, S.D. Iowa, Central Division.

Signed August 3, 2020.

Attorney(s) appearing for the Case

Stephen R. Eckley, Eckley Law PLLC, Des Moines, IA, Brad J. Brady, Matthew L. Preston, Brady, Preston, Gronlund, PC, Cedar Rapids, IA, Steven E. Sexton, Thomas K. Cauley, Jr., Pro Hac Vice, Sidley Austin LLP, Chicago, IL, for Plaintiff.

John E. Lande, Mollie Pawlosky, Dickinson Mackaman Tyler & Hagen PC, Des Moines, IA, Beth Boland, Pro Hac Vice, Foley & Lardner, LLP, Boston, MA, Bryan B. House, Pro Hac Vice, Eric Pearson, Pro Hac Vice, Philip C. Babler, Pro Hac Vice, Foley & Lardner LLP, Milwaukee, WI, Joseph S. Harper, Pro Hac Vice, Foley & Lardner LLP, Madison, WI, for Defendant Employers Mutual Casualty Company.

Terri L. Combs, Kwesi Atta-Krah, Faegre Drinker Biddle & Reath LLP, Des Moines, IA, Daniel Robert Kelley, Pro Hac Vice, Faegre Drinker Biddle & Reath LLP, Indianapolis, IN, for Defendant Bruce G. Kelley.

OPINION AND ORDER REGARDING DEFENDANTS' MOTIONS TO DISMISS

In this case, a minority shareholder in what was then a publicly-traded property and casualty insurance company claims breach of fiduciary duty by the majority shareholder, which was a mutual insurance...

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