DONOVAN v. ESTATE OF FITZSIMMONS

Nos. 84-2827, 84-2863 and 84-2864.

778 F.2d 298 (1985)

Raymond J. DONOVAN, Secretary of Labor, Plaintiff-Appellant, v. ESTATE OF Frank E. FITZSIMMONS, et al., Defendants-Appellees. David DUTCHAK, et al., Plaintiffs, Raymond J. Donovan, Secretary of Labor, Intervening Plaintiff-Appellant, v. INTERNATIONAL BROTHERHOOD OF TEAMSTERS, et al., Defendants-Appellees. Chester J. SULLIVAN, et al., Plaintiffs, Raymond J. Donovan, Secretary of Labor, Intervening Plaintiff-Appellant, v. ESTATE OF Frank E. FITZSIMMONS, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided November 15, 1985.


Attorney(s) appearing for the Case

Steven J. Mandel, U.S. Dept. of Labor, Washington, D.C., for plaintiff-appellant.

Lawrence Walner, Lawrence Walner & Assoc., Chicago, Ill., Robert J. Higgins, Dickstein, Shapiro & Morin, Washington, D.C., John Tucker, Jenner & Block, Chicago, Ill., for defendants-appellees.

Before BAUER, COFFEY, Circuit Judges, and GRAY, Senior District Judge.


BAUER, Circuit Judge.

The Secretary of Labor appeals the district court's approval of a comprehensive settlement of actions brought by participants in the Central States Southeast and Southwest Areas Pension Fund (CSPF) alleging that the benefit structure and investment management of the CSPF were illegal and that past investment mismanagement gave rise to a derivative action on behalf of the CSPF against other defendants. We affirm.

I. FACTS

The...

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