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BRIEGER v. TELLABS INC.

No. 06 C 1882.

473 F.Supp.2d 878 (2007)

Don BRIEGER, Robert Becker, Alan Burstin and Harry Schultz, individually and on behalf of all others similarly situated, Plaintiffs, v. TELLABS, INC., Tellabs Operations, Inc., Richard C. Notebaert, Michael J. Birck, and James A. Dite, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

February 13, 2007.

Attorney(s) appearing for the Case

Norman Rifkind, Lasky & Rifkind, Ltd., Chicago, IL, Matthew M. Houston, Wechsler Hawwood LLP, New York City, for Plaintiffs.

Charles. Clark Jackson, Sari M. Alamuddin, Morgan Lewis & Bockius, LLP, Deborah S. Davidson, Julia Y. Trankiem, Morgan, Lewis & Boccius LLP, Chicago, IL, for Defendants.

MEMORANDUM OPINION AND ORDER

KENNELLY, District Judge.

Plaintiffs Don Brieger, Harry Schultz, Robert Becker, and Alan Burstin are former participants in the Tellabs Profit Sharing and Savings Plan. They filed this putative class action lawsuit for breach of fiduciary duty under the Employee Retirement Income Security Act, 29 U.S.C. § 1109 & 1132. Plaintiffs allege that defendants, who are claimed to be fiduciaries of the Plan, breached their...

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