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KEACH v. U.S. TRUST CO.

No. 04-1901.

419 F.3d 626 (2005)

Debra K. KEACH and Patricia A. Sage, Plaintiffs-Appellants, v. U.S. TRUST COMPANY, formerly known as U.S. Trust Company of California N.A., Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided August 17, 2005.

Attorney(s) appearing for the Case

Sean M. Anderson (argued), Sutkowski & Rhoads, Peoria, IL, for Plaintiffs-Appellants.

Robert N. Eccles (argued), O'Melveny & Meyers, Washington, DC, for Defendant-Appellee.

Before RIPPLE, MANION and WOOD, Circuit Judges.

RIPPLE, Circuit Judge.

Debra Keach and Patricia Sage, participants in the Foster & Gallagher, Inc. Employee Stock Ownership Plan ("ESOP"), filed this action against U.S. Trust Company, N.A. ("U.S.Trust") and others for alleged violations of the Employee Retirement Income Security Act of 1974 ("ERISA"), 29 U.S.C. § 1001 et seq., in connection with the ESOP's December 20, 1995 purchase of shares of Foster & Gallagher, Inc. ("F & G") stock from the defendant...

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