Clare v. Greatbanc Trust Company
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
Defendants' motion to dismiss was granted. The court found that plaintiff failed to plead sufficient factual allegations that the Long Point defendants knew or should have known the factual circumstances underlying the alleged ERISA prohibited transactions, relying instead on conclusory statements.
What This Ruling Means
This summary was generated to explain the ruling in plain English and is not legal advice.
Similar Rulings
Browse Related
Facing something similar at work?
Court rulings like this one are useful, but every situation is different. Take 2 minutes to see which laws may protect you — it's free, private, and no account is required to start.
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.
See something wrong, or named in this ruling and want it corrected or redacted? Request a correction.