The Missouri Court of Appeals Western District has affirmed a $427,777 damages award against a St. Joseph attorney accused by his former partners of failing to fully disclose the value of two contingency-fee cases when he left the firm.

Tagged with: Breach Of Fiduciary Duty Missouri Court of Appeals Western District Stephen W. Holaday

A former Kansas City manufacturing company won verdicts totaling nearly $118 million against an Italian businessman who effectively took over the company before forcing it into bankruptcy.

Tagged with: Breach Of Fiduciary Duty Polsinelli Xurex Inc.

Where a co-trustee challenged a probate court judgment allowing income distribution to the grantor’s grandson, the court improperly interpreted the trust as it related to the trustee’s ability to request the grandson’s financial information before authorizing the distribution, but the ...

Tagged with: Breach Of Fiduciary Duty Income Distributions Irrevocable Trust

A federal judge on July 3 ordered a bank to pay more than $102 million in compensatory and punitive damages for its predecessor’s role in mismanaging a prepaid funeral expense trust. The case, now in its 10th year, previously went ...

Tagged with: Breach Of Fiduciary Duty Dowd Bennett National City Bank PNC Bank pre-paid funeral expense trust

Plaintiffs filed a diversity action against defendants, asserting claims of fraud and breach of fiduciary duty. Plaintiffs alleged that defendants had misrepresented and failed to disclose trust assets to them which resulted in shares of stock not being distributed to ...

Tagged with: Breach Of Fiduciary Duty fraud Personal Injury & Torts Law Statute Of Limitations

Where a former employee claimed that the investment committee of the employer’s retirement savings plan breached their fiduciary duties under the Employee Retirement Income Security Act of 1974, the employee’s allegations were insufficient to plausibly allege that ERISA fiduciaries breached ...

Tagged with: Breach Of Fiduciary Duty ERISA Failure To State Claim

Where plaintiff brought an action for breach of fiduciary duty and for dissolution of the company or other equitable relief after she was removed as president and treasurer and her employment terminated, the judgments awarding damages and equitable relief to ...

Tagged with: Breach Of Fiduciary Duty corporate law equitable relief Shareholder Oppression

Corrado v. Life Investors Insurance Company of America (MLW No. 71315/Case No. 16-3949 -12 pages) (U.S. Court of Appeals, 8th Circuit, Shepherd, J.)

Tagged with: Breach Of Fiduciary Duty Conversion Defense Costs Torts

Wagoner v. ConocoPhillips (MLW No. 70375/Case No. SD34293 – 11 pages) (Missouri Court of Appeals, Southern District, Francis Jr., J.)

Tagged with: Breach Of Fiduciary Duty civil practice Standing

Aguilar v. PNC Bank (MLW No. 70156/Case No. 15-3514 – 27 pages) (U.S. Court of Appeals, 8th Circuit, Smith, J.)

Tagged with: Breach Of Fiduciary Duty conspiracy RICO Torts

The Estate of Steven A. Bonifer v. Kullman Klein & Dionenda (MLW No. 67150/Case No. ED101161 – 10 pages) (Missouri Court of Appeals, Eastern District, Gaertner Jr., J.)

Tagged with: Actual Damages Breach Of Fiduciary Duty probate Sufficiency Of Evidence