Seventh Circuit Affirms Trial Court’s ERISA “Stock Drop” Judgment in Favor of Former Employee of Closely-Held Securities Trading Firm.

Scores of ERISA “stock drop” cases have been resolved by settlement or by pre-trial rulings in favor of defendants. But only a handful of such cases have been decided following a full-blown trial on the merits. There have been four trials involving stock of a publicly-traded company, and the defendants prevailed in each such case. Please see the attached memo for further information.