Riley v. Massachusetts Mutual Life Ins. Co.
Keystone Steel and Wire Security Benefit Plan purchased group annuity contract from Mass Mutual. At termination, Mass Mutual imposed a penalty of 23.25%, and distributed only 76.75% of the reported contract value. Pursued ERISA fiduciary claim against Mass Mutual.
Riley v. Massachusetts Mutual Life Ins. Co., United States District Court, Central District of Illinois, Peoria Division, Case No. 84-1255.
