Breach of Fiduciary Duty Claim Time Barred

June 2008
Legal-Legislative Reporter;Jun2008, Vol. 42 Issue 6, p7
Trade Publication
The article discusses a court case wherein a motion to dismiss based on the plaintiff's failure to satisfy the applicable statute of limitations for a breach of fiduciary duties was affirmed by the U.S. Court of Appeals for the Sixth Circuit. This is the case Bishop et al. versus Lucent Technologies Inc. et al. The plaintiffs alleged that the defendants breached fiduciary duties by misleading them to retire and offered false information about the retirement and severance incentive policies.


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