Pension Administrator Wins Summary Judgment Against $2.5M Claim of Investment Losses

A pension administrator successfully defended against claims for $2.5 million of investment losses resulting from alleged breach of fiduciary duty and negligence. The investors’ claims were defeated on a summary judgment motion, and the client was awarded its attorney’s fees and costs. The case was affirmed. Our firm represented the pension administrator. Brown v. California Pension Administrators and Consultants (1996) 45 Cal.App.4th 333.