Jimmy Gates with the Clarion Ledger reported a few weeks ago on the 5th Circuit Court of Appeals affirming a 2014 bench trial verdict of $6.49 million by U.S. District Judge Daniel Jordan. The case was tried for three weeks in 2014 and involved ERISA breach of fiduciary duty claims.
Here is the 5th Circuit’s May 3, 2016 decision. Here is a Holland & Knight news alert discussing the decision.
I wrote about the trial and decision here and here. The second post covers the trial court’s awarding the plaintiffs $2.7 million in attorneys’ fees on top of the original judgment.