Thondukolam

Thondukolam v. Corteva, Inc.

Good Law
United States District Court, Northern District of CaliforniaOctober 7, 20204:19-cv-03857California2,672 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 5 KRISHNAN R THONDUKOLAM, ET AL., CASE NO. 19-cv-03857-YGR

Plaintiffs,

ORDER GRANTING MOTION TO DISMISS

vs. WITH PREJUDICE

CORTEVA, INC., ET AL., Re: Dkt. No. 65 Defendants.

This is the second round of briefing on the complaint filed by plaintiffs Krishnan R. Thondukolam, Stephen W. Records, William C. Mallonee, and David L. Everett against defendants Corteva, Inc. (“Corteva”); DowDuPont, Inc.; DuPont de Nemours, Inc. (“New DuPont”); E.I. du Pont de Nemours and Company (“Historical DuPont”); the Pension and Retirement Plan; and the Administrative Committee. By way of background, in its prior order, the Court granted with leave to amend defendants’ motion to dismiss the seven causes of action in the first amended complaint. In dismissing plaintiffs’ claim for breach of fiduciary duty under 29 U.S.C. section 1104, the Court held that insofar as plaintiffs’ claim arose out of defendants’ decision to restructure, the claim failed…

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