ROZO v. PRINCIPAL LIFE INS. CO.

No. 21-2026.

48 F.4th 589 (2022)

Frederick ROZO, Plaintiff-Appellant v. PRINCIPAL LIFE INSURANCE COMPANY, Defendant-Appellee. Chamber of Commerce of the United States of America; American Benefits Council; American Council of Life Insurers, Amici on Behalf of Appellee.

United States Court of Appeals, Eighth Circuit.

Filed: September 2, 2022.


Attorney(s) appearing for the Case

Counsel who presented argument on behalf of the appellant and appeared on the brief was Douglas D. Geyser , of Los Angeles, CA. The following attorney(s) appeared on the appellant brief; Peter K. Stris , of Los Angeles, CA., John Stokes , of Los Angeles, CA., Rachana A. Pathak , of Los Angeles, CA., Nina R. Wasow , of Berkeley, CA., Todd F. Jackson , of Berkeley, CA., Todd M. Schneider , of Emeryville, CA., Mark T. Johnson , of Emeryville, CA., J. Barton Goplerud , of West Des Moines, IA., Brian O. Marty , of West Des Moines, IA., Christopher T. Micheletti , of Oakland, CA., Heather T. Rankie , of Oakland, CA.

Counsel who presented argument on behalf of the appellee and appeared on the brief was Robert N. Hochman , of Chicago, IL. The following attorney(s) appeared on the appellee brief; Angel A. West , of DeMoines, IA., Mark Bruce Blocker , of Chicago, IL., Caroline A. Wong , of Chicago, IL.

The following attorney(s) appeared on the amici brief of American Benefits Council and Chamber of Commerce of the United States of America in support of the appellee; Nancy G. Ross , of Chicago, IL., Michael Anthony Scodro , of Chicago, IL., Jed Wolf Glickstein , of Chicago, IL., Paul Lettow , of Washington, DC., Stephanie A. Maloney , of Washington, DC.

The following attorney(s) appeared on the amicus brief of American Council of Life Insurers in support of the appellee; James Frederick Jorden , of Washington, DC., William Glenn Merten , of Washington, DC.

Before SMITH, Chief Judge, COLLOTON and SHEPHERD, Circuit Judges.


Principal Life Insurance Company (Principal) offers a product called the Principal Fixed Income Option (PFIO), a stable value contract, to employer-sponsored 401(k) plans. Frederick Rozo, on behalf of himself and a class of plan participants who deposited money into the PFIO, sued Principal under the Employee Retirement Income...

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