DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
152792P.pdf 03/09/2017 Ronald Tussey v. ABB
U.S. Court of Appeals Case No: 15-2792
and No: 16-1127
U.S. District Court for the Western District of Missouri - Jefferson City
[PUBLISHED] [Riley, Author, with Murphy and Smith, Circuit Judges]
Civil case - ERISA. For the court's prior opinion in the matter, see
Tussey v. ABB, Inc. 746 F.3d 327 (8th Cir. 2014). In that opinion, this
court directed the district court to "reevaluate" how participants in the
retirement plan might have been injured if the ABB fiduciaries breached
their fiduciary duties under the Act when they changed the investment
options for the plans; on remand, the district court apparently mistook
these directions for a definitive ruling on how to measure plan losses,
and as a result entered judgment in favor of ABB despite finding they did
breach their duties; therefore, the judgment on that claim is vacated, and
the matter is remanded for further consideration regarding whether the
participants can prove losses to the plans; because this court reopens one
of the participants' substantive claims, the district court's award of
attorneys' fees is also vacated and remanded.