Summary
affirming dismissal of breach of fiduciary claim where plaintiff sought recovery of its own losses rather than losses suffered by ERISA plan itself
Summary of this case from Jones v. Merchants & Farmers Bank of Holly SpringsOpinion
No. 90-8290.
May 15, 1991.
Michael Diehl, R. James George, Jr., Eric G. Behrens, Graves, Dougherty, Hearon Moody, Austin, Tex., for plaintiffs-appellants.
Joseph P. Kelly, Kelly, Stephenson Marr, Victoria, Tex., for George Washington Life Ins., Co.
Mark L. Kincaid, Joe K. Longley, Long Maxwell, Austin, Tex., for defendants-appellees.
Appeal from the United States District Court for the Western District of Texas.
Before REAVLEY, JONES, and SMITH, Circuit Judges.
ON PETITION FOR REHEARING AND SUGGESTION FOR REHEARING EN BANC [2] (Opinion March 6, 1991, 5th Cir., 925 F.2d 142)
In its petition for rehearing, Total Plan Services, Inc. (Total Plan), notes that although the opinion states that Total Plan had contacted individual TRA members to offer them lower premiums, this was only an allegation and not an established fact. We thus insert the word "allegedly" into our factual description; the end of the second paragraph of part I then reads as follows:
Pursuant to an earlier deal with plaintiff Total Plan Services, Inc. (Total Plan), George Washington allegedly began to contact individual TRA members....
Total Plan also believes that our opinion leaves open its claims for compensation under ERISA. This is incorrect. We affirmed because acting otherwise would result in enjoining a state court action. The state court still asserts jurisdiction over this case and all its related parts, an assertion that we cannot question under the Anti-Injunction Act.
Furthermore, even if we were to consider Total Plan's claim, we would be forced to deny it, as Total Plan simply raises the state law claim of breach of contract. Although it is true that ERISA allows for suit to recover losses occasioned by a fiduciary, Total Plan can only recover "any losses to the plan." 29 U.S.C. § 1109(a) (emphasis added); see Massachusetts Mut. Life Ins. Co. v. Russell, 473 U.S. 134, 140, 105 S.Ct. 3085, 3089, 87 L.Ed.2d 96 (1985) ("recovery for a violation of [section 1109] inures to the benefit of the plan as a whole"). Because Total Plan is seeking to recover its own payments, rather than losses incurred by the plan itself, the district court properly dismissed this claim as one outside the scope of an ERISA action.
The petition for rehearing is DENIED, and no member of this panel nor judge in regular active service having requested that the court be polled on rehearing en banc (Fed.R.App.P. 35 and Fifth Cir. Loc. R. 35), the suggestion for rehearing en banc is DENIED.