DICKERSON v. FELDMAN

No. 04 Civ. 7935(LAP).

426 F.Supp.2d 130 (2006)

Jeremy DICKERSON, individually and on behalf of all others similarly situated, Plaintiff, v. Sheila FELDMAN, Helen L. Nelling, Susan E. Bevington, Nancy Stemme, Christopher N. Ast, Employee Benefits Plan Committee, Pension and Savings Fund Committee, John Hunter, Robert Clausen, Robert Potter, Michael E. Miller, Paul H. Hatfield, J. Patrick Mulcahy, Sally G. Narodnick, Paul Donovan, Robert H. Jenkins, Frank A. Metz, Jr., William D. Ruckelshaus, John B. Slaughter, Philip R. Lochner, Jr., Robert T. Blakely, Northern Trust Company, and John Does 1-100 Insurance Company, Defendant.

United States District Court, S.D. New York.

March 30, 2006.


Attorney(s) appearing for the Case

Ronen Sarraf, Sarraf Gentile, LLP, New York City, for Plaintiff.

Karen Mary Wahle, Robert M. Stern, O'Melveny & Myers LLP, Washington, DC, Michael John Dell, Elaine Patricia Golin, Kramer Levin Naftalis & Frankel, LLP, New York City, for Defendant.


OPINION

PRESKA, District Judge.

Plaintiff Jeremy Dickerson brings this putative class action under the Employee Retirement Income Security Act ("ERISA"), 29 U.S.C. § 1109(a), seeking recovery on behalf of the Solutia Savings and Investment Plan ("Plan") for losses sustained by the Plan as a result of investment in the common stock of Solutia Inc. ("Solutia" or the "Company") during the period from September 1, 1997 to December 15, 2003 (the "Class Period...

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