The Honorable Paul A. C rotty, of the United Sta tes Dis trict Court for the Southern * Di s tr ict of New Yor k, s it ti ng b y de s ign ati on . 1 09- 1343- cv T ayl or v. U ni t ed T echn ol og i es C or p. UN ITED STA

TES CO URT OF AP P EALS F OR TH E S ECO N D CI RCU IT 

## SUMMA RY ORDER Rulings by summ ary ord er do no t have precedent ial effect. Citatio n to sum mary or ders filed after January 1, 2007, is perm itted an d is governed b y this court ’s Loca l Rule 32.1 and F ed er al Ru le of App ella te P r oc ed ur e 32 .1. In abrie f o r ot he r pape r inwh ic h ali ti ga ntci te s a su m m ar y o r de r , i n e achpa r ag r ap h i n whi cha ci ta ti onap pe ar s, a t l eas t o ne ci ta ti onm us t e it he r be to th e Federal Append ix or be accompanied by t he notat ion: “(sum mary or der) .” A party citing a sum mary or der m ust serve a copy of thatsummar y order togeth er with t he paper in which the sum mary or der is cited onany party n ot rep resented by coun sel unless the summary or de r is a vaila bl e i n a n e le ct r on ic da ta ba se whi chis p ub li cl y ac ces sib le wi th ou t p aym en t o f f ee (such as the datab ase available at http:// www.ca2.uscourts.gov/ ). If no cop y is served by reason of th e availability of th e order on such a database, the cit ation m ust include r eference to that d atabase and the docketnumb er of t he case in which the or der was entered. At a stated term

of the Un ited Stat es Court of Appeals for t he Second Circuit , held at th e Daniel Pat rick Moynihan Un ited Stat es Courthouse, 500 Pearl St reet, in t he City of New York, onth e 1 of

De cem be r , t

wo th ou san d a nd

ni ne . st PR E SE NT: J OS É A. C AB R ANES , R O BERT D. S ACK ,

Circuit Jud ges , P AUL A. C RO TTY ,

District Judge. *

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vid ually, and as representatives of all those similarly situated,

Plainti ffs-Appella nts,

-v .- No . 09 -1 343 -c v U NI T ED T E C H N O LO G I E S C OR P OR A T I ON , U NI T ED T E C H N O LO G I E S C OR P OR A T I ON P EN S I ON & I NV ES T MEN T C OM MI T T EE , U NI T ED T E C H N O LO G I E S C OR P OR A T I ON P EN S I ON A ND A DMI NI S T R A T I ON C OM MI T T EE ,

Defenda nts-App ellees

.

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FOR P LA INTIFFS-AP PELLA NTS: M I CHAEL A. W O LFF , Sc hl ich te r Bog a rd & De nto n LL P, S t. Lou is, MO (J erome J. Schlichter, Jason P. Kelly, SeanE. S oyar s , Sc hl ich te r Bog a rd & De nto n LL P, S t. Lou is, M O, on the brief

, Stuar t B . K atz , Cohen a nd Wolf PC, Bridgeport, C T, of counsel

). FOR DEF ENDANTS-APP ELL EES: J EF F R EY G. H UVELLE (Thomas L. Cubba ge III, P eter A. Swa nson, on the brief ) Cov in gt on& B ur

lin g, Was hi ngt on , D .C. Appea l from a March 3, 2009 order of the United States District Court for the Distr ict of Con nec ti cut

(War r en W. Egin to n, Judge ). UPON DUE CONSIDERAT ION, IT IS HEREB Y ORDERED, A DJUDGED, AND DE CRE ED th at the j ud gm ent of th e Di s tr ict Cou r t b e AF F IRME D

. Pl ain ti ff s -a pp ell ant s Dav

id T aylo r , J im Con lin , an d Karl T od d, in di vid ually, andas r epr es ent ati

ves of th os e s im ila rly s ituat ed ( collect ive ly, “pl ain ti ff

s ”) , ap peal

fr om an o r der

of th e Di s tr ict Court granting summary judgment in favor of defendants-appellee s United Technologies Corporation, Unit ed T ech no lo gie s Corpo r ati onPe ns io n & I nv es tm ent Com mi tt ee, a ndUnit ed T ech no lo gie s Corpo r ati onPe ns io n an d Ad mi ni s tr ati onCom mi tt ee ( jo in tly, “ def

end ant s ”) , inpl ain ti ff

s ’ act io n u nd er th e Em pl oym ent

Ret ir eme nt I nco me S ecu r

it y Act of 197 4 ( “ERI SA” ). Sp ecif

ically, pl ain ti ff

s all ege that def end ant s br each ed thei r

fi du ciar y du ti es pu r s uan t t o ERI SA wi thr es pec t t o anemp lo yee b ene fi t p lan

. We as s um e the p ar ti es ’ f

amilia r it y with the u nd erlyi ng f

act s , p r oce du r al h is to ry, an d i s s ues onapp eal.

Pl ain ti ff s all ege that

th e Di s tr ict Cou r t e r r ed i n co ncl udin g that th er e was no evi den ce o n which pl ain ti ff s could ob tai n a j ud gm ent

inth eir fa vo r . Sp ecif

ically, pl ain ti ff

s mai nt ainth at thei r

evi den ce showed that (1) defendants chose retail mutual funds as investment opt ions for employe es without considering the deficie ncies of mutual funds f or large retirement plans, as compared to alternative s mor e suited to large retirement plans; (2) defendants’ mutual funds deducted from participant inve stments unreasonably hig h sub-transfer -agent fees for mor e than the a mount due under contract; (3) defendants did not disclose full infor mation about those sub-transfer -agent fees and fail ed to investigate or otherwise acc ount for

the alle gedly

exce ss ive a mount being paid; and (4) defendants operated the emp lo yee- s to ck f

un d i mp r ud ent

ly, caus in g s ignif

ican t u nd er per fo r man ce.

We r evi ew de novo

the Distr ict Court’s decision to grant summ ary judgment a nd, in the course of that review, w e resolve ambigui ties and draw al l permiss ible fac tual inference s in favor ofthe nonmo vin g pa r ty . See, e.g. , Holco mb v. Io na C ollege , 52 1 F .3d130 , 13 7 (

2d Cir . 20 08) ; Nationwide Life Ins. Co. v. Ba nke rs Leas ing As s’ n , 18 2 F .3d157 , 16 0 (

2d Cir . 19 99)

.3

We ha ve considered ea ch of plaintiff’s arguments on appeal and, subs tantially for the reasons s tat ed i n the D is tr

ict Cou r t’ s th or ough a ndwell -r eas on ed m emo r and um of dec is io n d ate d M ar ch 3 , 200 9, T ay lo r v . Un it ed T ec hno lo gi es Co rp. , N o. 06- cv- 149 4, 2 009 WL 5 357 79 ( D. Con n. 200 9) , we f

in d them to be without merit. CONCLUSI ON Acc ordingly, we AFFIRM the judgment of the Dis trict Court.

FOR THE C OU R

T, Ca therine O’Haga n Wolfe, C lerk of Court By _______________________________