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IN RE AMERICAN EXP. CO. ERISA LITIGATION

Nos. 08 Civ. 10834 (JGK), 08 Civ. 11301 (JGK), 09 Civ. 1017 (JGK), 09 Civ. 1202 (JGK).

762 F.Supp.2d 614 (2010)

In re AMERICAN EXPRESS COMPANY ERISA LITIGATION, Defendant.

United States District Court, S.D. New York.

November 2, 2010.

MEMORANDUM OPINION AND ORDER

JOHN G. KOELTL, District Judge.

During the recent drop in the stock market, the price of American Express Company ("American Express") stock dropped significantly, although it has since rebounded. The American Express Incentive Savings Plan (the "Plan") required that the Plan include an option to allow employees to invest in the Company Stock Fund, which is invested...

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