Patterson v. Morgan Stanley
Case Details
- Nature of Suit — the legal category of the dispute
- 791 Labor: E.R.I.S.A.
- Status — whether other courts must follow this ruling
- Unknown
- Procedural Posture — the stage the case had reached
- motion to dismiss
- State
- New York
- Circuit
- Second Circuit
Related Laws
No specific laws identified for this ruling.
Claim Types
Outcome
Court granted defendants' motion to dismiss the ERISA fiduciary duty and prohibited transaction claims brought by three Morgan Stanley 401(k) plan participants, finding plaintiffs lacked standing for certain claims, failed to adequately plead breach of fiduciary duty, and their prohibited transaction claims were barred by the ERISA statute of repose.
What This Ruling Means
This summary was generated to explain the ruling in plain English and is not legal advice.
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This ruling information is sourced from public court records via CourtListener.com. Case outcomes, claim types, and summaries are extracted using AI analysis and may be incomplete or inaccurate. It is provided for informational and educational purposes only and does not constitute legal advice.
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