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USC Calls on Supreme Court to Undo ERISA Arbitration Ruling
Pensions & Investments 
Dec. 3, 2018 "The University of Southern California petitioned the U.S. Supreme Court Thursday to establish a rule that would prevent retirement plan participants from filing class-action lawsuits with regard to ERISA breach-of-fiduciary-duty claims. The petition stems from a decision reached by the 9th U.S. Circuit Court of Appeals in July that said USC cannot compel participants in two retirement plans to accept arbitration rather than proceed with a trial to address ERISA complaints against university fiduciaries." [Munro v. Univ. of So. Cal., No. 17-55550 (9th Cir. July 24, 2018; cert. pet. filed Nov. 29, 2018)] MORE >> |
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