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Verizon Victory Not Changed by Recent Supreme Court Case
Bloomberg BNA Link to more items from this source
Sept. 19, 2016
"This move by the Fifth Circuit is one of a growing number of cases limiting the ability of pension plan participants to sue over plan mismanagement that doesn't directly threaten their ability to receive benefits. Because pension benefits are by nature defined, courts often find that participants haven't suffered an injury sufficient to confer standing unless the alleged mismanagement is so serious that their benefits are jeopardized." [Lee v. Verizon Communications, Inc., No. 14-10553 (5th Cir. Sept. 15, 2016)]

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