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TROMBETTA v. CRAGIN FED. BANK OWNERSHIP PLAN

No. 96-1389.

102 F.3d 1435 (1996)

Anthony V. TROMBETTA, Jack G. Lebar, William Thorpe, et al., Plaintiffs-Appellants, v. CRAGIN FEDERAL BANK FOR SAVINGS EMPLOYEE STOCK OWNERSHIP PLAN, and ABN AMRO U.S. Group Employee Benefits Committee, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided December 19, 1996.

Rehearing Denied February 7, 1997.

Attorney(s) appearing for the Case

James A. McGurk; Michael Sweig Mendelson, Arthur U. Elils, McConnell & Mendelson; and Donald L. Metzger (argued), Metzger & Associates, Chicago, IL, for Plaintiffs-Appellants.

Michael Warren Sculnick (argued), Thomas P. Desmond, Marianne W. Culver, Vedder, Price, Kaufman & Kammholz; and James M. Crowley and Michael R. Kolloway, Rock, Fusco, Reynolds, Crowe & Garvey, Chicago, IL, for Defendants-Appellees.

Before CUDAHY, KANNE and ROVNER, Circuit Judges.

ILANA DIAMOND ROVNER, Circuit Judge.

Plaintiffs contracted with Cragin Bank for Savings ("Cragin") to be loan originators, and bring the present claims under the Employee Retirement Income Security Act, 29 U.S.C. §§ 1001-1461 ("ERISA"), alleging that they are entitled to benefits under the Cragin Employee Stock Ownership Program (the "ESOP"). The defendants, Cragin ESOP and its administrative board, ABN AMRO U.S. Group Employee Benefits Committee (the "Committee...

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