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RETIREMENT PROGRAM FOR EMPLOYEES v. NEPC, LLC

Civil No. 3:09cv506 (JBA).

642 F.Supp.2d 92 (2009)

RETIREMENT PROGRAM FOR EMPLOYEES OF THE TOWN OF FAIRFIELD, Retirement Program for Police Officers and Firemen of the Town of Fairfield, and Town of Fairfield, Plaintiffs, v. NEPC, LLC and KPMG, LLP, Defendants.

United States District Court, D. Connecticut.

July 16, 2009.

Attorney(s) appearing for the Case

David S. Golub, Jonathan M. Levine, Silver, Golub & Teitell, Stamford, CT, Richard C. Robinson, Pullman & Comley, Hartford, CT, for Plaintiffs.

Jennifer L. Chunias, Roberto M. Braceras, Goodwin, Procter & Hoar, Boston, MA, Steven David Ecker, William James Gullotta, Cowdery, Ecker & Murphy, L.L.C., Hartford, CT, Gary F. Bendinger, Gregory G. Ballard, R. Corey Worcester, Howrey, LLP, New York, NY, James H. Bicks, Robert S. Hoff, Wiggin & Dana LLP, Stamford, CT, for Defendants.

RULING ON PLAINTIFFS' MOTION TO REMAND

JANET BOND ARTERTON, District Judge.

This case arises out of investment losses in connection with Bernard Madoff's Ponzi scheme.1 Two retirement plans (the "Plans"), along with the Town of Fairfield (collectively, "Plaintiffs"), initiated this action in Connecticut state court, alleging that NEPC, LLC ("NEPC"), a pension-investment consultant, and KPMG, LLP ("KPMG"), an auditing and advisory...

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