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CHARLES v. PEPCO HOLDINGS, INC.

No. CIV.05-702-SLR.

437 F.Supp.2d 248 (2006)

J. Michael CHARLES; Maurice W. Ward, Jr.; and Joseph I. Fink, Jr., on behalf of themselves and all similarly situated, Plaintiffs, v. PEPCO HOLDINGS, INC., Conectiv, and Pepco Holdings Retirement Plan, Defendants.

United States District Court, D. Delaware.

July 11, 2006.

Attorney(s) appearing for the Case

Pamela S. Tikellis, Esquire, Robert J. Kriner, Esquire, A. Zachary Naylor, Esquire, and Robert R. Davis, Esquire of Chimicles & Tikellis LLP, Wilmington DE. James R. Malone, Jr., Esquire and Joseph G. Sauder, Esquire of Haverford, PA, for Plaintiffs.

M. Duncan Grant, Esquire of Pepper Hamilton LLP, Wilmington, DE. Susan K. Hoffman, Esquire, Larry R. Wood, Jr., Esquire, Kay Kyungsun Yu, Esquire, and Barak A. Bassman, Esquire of Philadelphia, PA, for Defendants.

MEMORANDUM OPINION

SUE L. ROBINSON, Chief Judge.

I. INTRODUCTION

On September 26, 2005, plaintiffs J. Michael Charles, Maurice W. Ward, Jr., and Joseph I. Fink, Jr. ("plaintiffs") filed this action against defendants Pepco Holdings, Inc., Conectiv, and Pepco Holdings Retirement Plan ("defendants") alleging that defendants' pension plan violates four subsections of the Employee Retirement Income Security Act of 1974 ("ERISA") § 204...

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