Laskin v. Siegel

Federal 7th Circuit Court
Civil Court
ERISA
Citation
Case Number: 
Nos. 12-3041 & 12-3153 Cons.
Decision Date: 
August 29, 2013
Federal District: 
N.D. Ill., E. Div.
Holding: 
Affirmed
Dist. Ct. did not err in granting defendants’ motion for summary judgment, after finding that plaintiff’s ERISA action, alleging that defendants terminated profit-sharing plan without distributing any benefits to plaintiffs, was time-barred. Record showed that said plan was dissolved in December of 1997, and plaintiffs waited until June of 2009 to file instant lawsuit, which was beyond applicable 6-year limitation period for filing instant action. While plaintiffs argued that limitation period should be excused because defendants had concealed from them fact that plan had been dissolved, plaintiffs failed to present evidence that defendants took any affirmative steps to conceal pension plan information from plaintiffs.