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UNITED STATES DISTRICT COURT
DISTRICT OF MARYLAND

CHAMBERS OF

J. FREDERICK MOTZ
UNITED STATES DISTRICT JUDGE

101 WEST LOMBARD STREET BALTIMORE, MARYLAND 21201 (410) 962-0782 (410) 962-2698 FAX

February 27, 2006 Memo to Counsel Re: MDL-15863, Putnam Subtrack; Walsh v. Marsh & McLennan Cos., Inc. Civil No. JFM-04-0888 Dear Counsel: The purpose of this letter is to rule upon the Marsh & McLennan Defendants' motion to dismiss the ERISA complaint filed by Barbara Walsh ("Walsh") in the Putnam subtrack. Named as defendants are Marsh & McLennan Companies, Inc. ("MMC"), MMC Stock Investment Plan Committee ("Plan Committee"), Putnam Investments Trust ("Investments Trust"), Putnam Investments, LLC ("Putnam Investments"), J.W. Greenberg ("Greenberg"), Sandra S. Wijnberg ("Wijnberg"), Sandra Wright ("Wright"), and William L. Rosoff ("Rosoff").1 In accordance with Judge Blake's opinion in the Strong subtrack, In re Mutual Funds Inv. Litig., 403 F. Supp. 2d 434 (D. Md. 2005),2 with which I fully agree, my rulings are as follows:

I.

Standing Walsh has statutory standing to pursue her claims for relief under ERISA

Download LetterRuling-ERISA-MMC.pdf

Maryland Law