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GEORGE v. KRAFT FOODS GLOBAL, INC.

No. 10-1469.

641 F.3d 786 (2011)

Gerald GEORGE, et al., Plaintiffs-Appellants, v. KRAFT FOODS GLOBAL, INCORPORATED, et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided April 11, 2011.

Attorney(s) appearing for the Case

Jerome J. Schlichter , Attorney, Michael A. Wolff (argued), Attorney, Schlichter, Bogard & Denton, St. Louis, MO, for Plaintiffs-Appellants.

Ian Hugh Morrison (argued), Attorney, Seyfarth Shaw LLP, Chicago, IL, for Defendants-Appellees.

Before CUDAHY and ROVNER, Circuit Judges, and ADELMAN, District Judge.

ADELMAN, District Judge.

Plaintiffs, current and former employee-participants in the Section 401(k) plan (the "Plan") of Kraft Foods Global, Inc. ("Kraft") brought this class action against various individuals and entities associated with the Plan, alleging that they breached their fiduciary duties under the Employee Retirement Income Security Act of 1974 ("ERISA") by imprudently allowing the Plan to incur excessive expenses and generate insufficient returns.

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