SCHWEITZER v. INVESTMENT COMMITTEE OF PHILLIPS 66

No. 18-20379.

960 F.3d 190 (2020)

Jeffery SCHWEITZER; Jonathan Sapp; Raul Ramos; Donald Fowler, Plaintiffs-Appellants v. The INVESTMENT COMMITTEE OF the PHILLIPS 66 SAVINGS PLAN; Sam Farace; John Does 1-10, Inclusive, Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

FILED May 22, 2020.


Attorney(s) appearing for the Case

Mark P. Kindall , Izard, Kindall & Raabe, L.L.P., West Hartford, CT, Gregory Y. Porter, Esq. , Attorney, Bailey & Glasser, L.L.P., Washington, DC, Thomas R. Ajamie , John Saul Edwards, Jr., Esq. , Ajamie, L.L.P., Houston, TX, for Plaintiffs-Appellants.

Travis James Sales , Tina Quy Phi Nguyen , Aaron Michael Streett , Baker Botts, L.L.P., Houston, TX, for Defendants-Appellees.

Before HIGGINBOTHAM, SMITH, and HIGGINSON, Circuit Judges.


Four participants in Phillips 66's retirement plan bring this putative class action against the plan's Investment Committee for breach of fiduciary duties under the Employee Retirement Income Security Act. They allege that the Defendants failed to monitor properly and divest ConocoPhillips stock from the retirement...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases