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DELGROSSO v. SPANG AND CO.

Nos. 84-3618, 84-3644.

769 F.2d 928 (1985)

Matthew A. DELGROSSO, James P. Blair, Lester Ware, Jimmie Mines Jr., Joe Henry, Robert C. Trainer, Jay T. Richler, Robert Hardwick, Jerome J. Phillips, Gilbert Weese, Larry K. Hill, Charles G. Church Jr., John R. Alves, Barry K. Ralz, Donald Lee Adams, Charles Woodrum, Richard W. Martineau, Hubert J. Lee, Appellants, v. SPANG AND COMPANY, Appellee. Matthew A. DELGROSSO, James P. Blair, Lester Ware, Jimmie Mines Jr., Joe Henry, Robert C. Trainer, Jay T. Richler, Robert Hardwick, Jerome J. Phillips, Gilbert Weese, Larry K. Hill, Charles G. Church Jr., John R. Alves, Barry K. Ralz, Donald Lee Adams, Charles Woodrum, Richard W. Martineau, Hubert J. Lee, Cross-Appellees, v. SPANG AND COMPANY, Cross-Appellant.

United States Court of Appeals, Third Circuit.

Decided July 30, 1985.

As Amended August 14 and October 31, 1985.

Attorney(s) appearing for the Case

Daniel P. McIntyre (argued), Joy E. Klopp, Pittsburgh, Pa., for appellants-cross appellees.

Robert F. Prorok (argued), Reed, Smith, Shaw & McClay, Pittsburgh, Pa., for appellee-cross appellant.

Before WEIS, GARTH, and STAPLETON, Circuit Judges.

OPINION OF THE COURT

GARTH, Circuit Judge:

Matthew Delgrosso, et al, the non-vested participants1 in the Spang pension plan (the Fund) for its Lorain, Ohio ferro slag plant, sought a ruling which would prevent Spang & Company from appropriating to itself the surplus assets of the Fund and would instead order those assets to be distributed among the non-vested participants. The district court rejected Delgrosso's claims and...

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