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HARLEY v. MINNESOTA MINING AND MFG. CO.

No. Civ. 4-96-488(JRT/RLE).

42 F.Supp.2d 898 (1999)

Carol HARLEY and James L. Raber, individually and on behalf of others similarly situated, Plaintiffs, v. MINNESOTA MINING AND MANUFACTURING COMPANY, Defendant.

United States District Court, D. Minnesota.

March 31, 1999.

Attorney(s) appearing for the Case

Alan M. Sandals, Sandals, Langer & Taylor, Philadelphia, PA, and Seymour J. Mansfield, Mansfield & Tanick, P.A., Minneapolis, MN, for plaintiffs.

Paul M. Wolf and Andrew Keyes, Williams & Connolly, Washington D.C., and James M. Dawson, Felhaber, Larson, Fenlon & Vogt, Minneapolis, MN, for defendant.

MEMORANDUM OPINION AND ORDER

TUNHEIM, District Judge.

Plaintiffs, individually and on behalf of all others similarly situated, brought this action against defendant Minnesota Mining and Manufacturing, Co. ("3M"), alleging that 3M breached its fiduciary duty under section 404(a)(1)(B) of the Employee Retirement Income Security Act ("ERISA"), 29 U.S.C. § 1104(a)(1)(B), by failing to invest prudently the assets of the 3M Employee Retirement Income Plan...

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