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SCOTTSDALE INS. CO. v. BYRNE

No. 18-1526.

913 F.3d 221 (2019)

SCOTTSDALE INSURANCE COMPANY, Plaintiff, Appellant, v. Timothy L. BYRNE, as Co-Chairman of the Board of Trustees for the Plumbers and Pipefitters Local 51 Pension and Annuity Funds; Robert Bolton, as Co-Chairman of the Board of Trustees for the Plumbers and Pipefitters Local 51 Pension and Annuity Funds, Defendants, Appellees.

United States Court of Appeals, First Circuit.

January 16, 2019.

Attorney(s) appearing for the Case

Alexis J. Rogoski , with whom Edward C. Carleton and Skarzynski Black LLC, New York, NY, were on brief, for appellant.

Miranda S. Jones , with whom O'Reilly, Grosso, Gross & Jones, P.C., Framingham, MA, was on brief, for appellee.

Before Lynch, Stahl, and Barron, Circuit Judges.

In late 2014, the appellees in this case brought suit against Wellesley Advisory Reality Fund I, LLC ("WARF"). Acting in their capacity as representatives of the Board of Trustees for the Plumbers and Pipefitters Local 51 Pension and Annuity Funds (the "Funds"), Appellees alleged that WARF had mismanaged and squandered money...

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