POSTED: Wednesday, May 4th, 2011 at 11:10 am

BY: WISCONSIN LAW JOURNAL STAFF

Securities ERISA; affiliated purchasers A corporation’s profit sharing plan cannot claim a share of the settlement of a securities fraud action. “[T]he Plan is an affiliate of Motorola and on this basis is excluded from the class, although we arrive at this conclusion by a slightly different analysis. The district court applied the ordinary meaning [...]