The opinion of the court was delivered by: Herndon, Chief Judge:
Before the Court is defendants' objections to and request for reconsideration of Magistrate Judge Williams' entry and order on defendants' motion to compel (Doc. 375), which the Court construed as an appeal of Magistrate Judge Williams' order on defendants' motion to compel (Doc. 374). For the reasons that follow, the Court denies the motion (Doc. 375) and affirms Judge Williams' order (Doc. 374).
After the Seventh Circuit's mandate (Doc. 352) came down vacating this Court's order (Doc. 24) certifying the members of the class, plaintiffs filed an amended motion for class certification (Doc. 357) along with a memorandum in support thereof (Doc. 358). In plaintiffs' memorandum (Doc. 358), plaintiffs set forth seven different subclasses revolving around the following categories labeled as such by plaintiffs: 1) excessive administrative fees; 2) imprudent company stock fund; 3) imprudent large cap stock fund; 4) securities lending; 5) excessive investment management fees; 6) delayed contributions; and 7) fraudulent performance reporting. The Court held a status conference where it heard arguments by the parties and ultimately entered an order (Doc. 361) allowing defendants' request for additional discovery, noting that "[c]learly the circumstances have changed."
During the course of discovery, a dispute arose between the parties regarding the scope of the additional discovery. This appeal concerns four requests for production in defendants' third request for production of documents, specifically requests one, two, three, and eight. Those requests seek the production of the following documents:
"1. All documents or communications prepared for or by you that relate to investments, investment management or financial or retirement planning for you, or you and your spouse or you and other parties, including but not limited to documents received by you from any financial planners, investment advisors, investment brokers, financial consultants or other parties consulted by you.
2. Except to the extent previously produced, all documents identifying and/or relating to any asset held by you individually or jointly, whether as owner, custodian, guardian or otherwise at any time during the period from January 1, 1997 to present including but not limited to Individual Retirement Accounts, annuity contracts, life insurance policies, brokerage accounts, money market accounts, interest bearing accounts of any kind, mutual funds, stocks or bonds, real estate, real estate investment trusts, options, futures, derivative contracts, limited or general partnerships, business ventures, and trusts whether held inside or outside the Plans and whether publicly or non-publicly traded. Such documents and communications include, but are not limited to: (a) account statements and summaries; (b) prospectuses; (c) tax information; (d) promotional, marketing or informational materials; (e) research conducted by, or provided to, you or your spouse relating to such investments; (f) documents relating in any way to the fees charged or paid with respect to such investments; and (g) any evidence of ownership or custody of such assets.
3. All state, federal and local tax returns filed by you and/or your spouse since your 1996 tax year. . . . .
8. All documents that relate to any actions you took in reliance on, or as a result of, any communications you received relating to the Plan."
Plaintiffs refused to provide responses to the above requests, and in turn, defendants filed a motion to compel complete responses (Doc. 370). Plaintiffs filed a response in opposition, (Doc. 372) and the following day Judge Williams held a discovery dispute conference whereby he denied defendants' motion to compel (Doc. 370) and noted that a summary order would follow (Doc. 373). A few days later, Judge Williams entered an order (Doc. 374) summarizing the Court's prior ruling denying defendants' motion to compel (Doc. 373). Thereafter, defendants' filed this appeal (Doc. 375), and plaintiffs' filed a response thereto (Doc. 378). For the reasons that follow, Judge Williams' order (Doc. 374) is affirmed and defendants' appeal (Doc. 375) is denied.
The Court may modify or reverse a decision of a magistrate judge on a nondispositive issue upon a showing that the magistrate judge's decision is "clearly erroneous or contrary to law." FED. R. CIV. P. 71.1(a); SDIL-LR 73.1(a). A finding is clearly erroneous when "the reviewing court on the entire evidence is left with the definite and firm conviction that a mistake has been committed." Anderson v. City of Bessemer City, 470 U.S. 564, 573 (1985) (quoting United States v. U.S. Gypsum Co., 333 U.S. 364 395 (1948)); see also Weeks v. Samsung Heavy Indus. Co., 126 F.3d 926, 943 (7th Cir. 1997) ("The clear error standard means that the district court can overturn the magistrate judge's ruling only if the district court is left with the definite and firm conviction that a mistake has been made."). "When there are two permissible views of the evidence, the factfinder's choice between them cannot be clearly erroneous." Anderson, 470 U.S. at 574 (citing United States v. Yellow Cab Co., 338 U.S. 338, 342 (1949)).
The defendants' appeal can be broken down into two claims: 1) defendants request for documents that refer or relate to plaintiffs' investments outside of the International Paper Salaried and Hourly Savings Plans (the plans), i.e., requests one through three and 2) defendants' request for all documents that relate to any actions you took in reliance on, or as a result, of any communications you received relating to the plan, i.e., request number eight. The Court will address each argument in turn.
A. Requests One through Three: Plaintiffs' Outside Investments With regard to requests for production one through three, defendants first contend that Judge Williams' decision erroneously ignored controlling Seventh Circuit precedent. Specifically, defendants argue that Judge Williams' decision relies on reasoning that the Seventh Circuit rejected in Spano v. Boeing Co., 633 F.3d 574 (7th Cir. 2011), the 7th Circuit's opinion vacating this Court's order certifying the classes in both this case and Spano and remanding for further proceedings. Furthermore, defendants contend that Judge ...