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Ninth Circuit Signals Potential Rehearing of Denial of Class Action in Charles Schwab ERISA Suit
McDermott Will & Emery in National Law Review 
Nov. 1, 2019 "At its core, the issue deals with whether an ERISA fiduciary claim is always a claim on behalf of everyone in a plan or whether a court can limit the claim to include losses to only one, or a select group, of participants. The issue also affects whether class-action waiver agreements are enforceable and, whether class actions are inherently included in every ERISA fiduciary-breach claim." [Dorman v. The Charles Schwab Corp., No. 18-15281 (9th Cir. Aug. 20, 2019; also unpub. memo. opinion)] MORE >> |
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