Gearren v. McGraw-Hill Companies, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding that defendants prepared SEC filings in a corporate, not fiduciary, capacity where those filings were incorporated by reference in the summary plan document.
• noting that similarly situated defendants are liable under the securities laws, but not ERISA
• “Defendants have no affirmative duty under ERISA to disclose information about the company’s financial condition to plan participants.”
• “Defendants who incorporated the SEC documents by reference into the Summary Plan Descriptions did not intentionally connect the content of those SEC filings to statements about plan benefits.”

Source: CourtListener parenthetical corpus (CC0).