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ELLIS v. FIDELITY MANAGEMENT TRUST CO.

No. 17-1693.

883 F.3d 1 (2018)

James ELLIS; William Perry, Plaintiffs, Appellants, v. FIDELITY MANAGEMENT TRUST COMPANY, Defendant, Appellee.

United States Court of Appeals, First Circuit.

February 21, 2018.

Attorney(s) appearing for the Case

Garrett W. Wotkyns , with whom Schneider Wallace Cottrell Konecky Wotkyns LLP, Emeryville, CA, was on brief, for appellants.

Jonathan D. Hacker , Washington, DC, with whom Brian D. Boyle , Philadelphia, PA, Gregory F. Jacob , Meaghan VerGow , Washington, DC, Bradley N. Garcia , O'Melveny & Myers LLP, John J. Falvey, Jr. , Alison V. Douglass , and Goodwin Procter LLP, Boston, MA, were on brief, for appellee.

Before Kayatta, Circuit Judge, Souter, Associate Justice, and Selya, Circuit Judge.

Plaintiffs James Ellis and William Perry brought this certified class action under the Employee Retirement Income Security Act of 1974 ("ERISA"), alleging that Fidelity Management Trust Company, the fiduciary for a fund in which plaintiffs had invested, breached its duties of loyalty and prudence in managing the fund. Fidelity...

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