DASLER v. E.F. HUTTON & CO., INC.

Civ. No. 4-85-1250.

694 F.Supp. 624 (1988)

H.A. DASLER, et al. v. E.F. HUTTON & COMPANY, INC., and Donald M. Tidlund.

United States District Court, D. Minnesota, Fourth Division.

March 31, 1988.


Attorney(s) appearing for the Case

Bruce C. Recher and Roy S. Ginsburg, Henson & Efron, Minneapolis, Minn., for plaintiffs.

J. David Jackson, Dorsey & Whitney, Minneapolis, Minn., for defendants.


ORDER

ROSENBAUM, District Judge.

In this cause, plaintiffs claim the brokerage firm of defendant E.F. Hutton (Hutton), through its brokers, defendant Donald M. Tidlund (Tidlund) and Richard Lund (Lund), while acting as the investment manager of the Cornwall Clinic Profit Sharing Plan (the plan), breached its fiduciary duty under the Employee Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. §§ 1001, et seq., by excessively trading...

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