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Justices Wary of Intel Committee Position in 401(k) Dispute
Bloomberg Law
Dec. 5, 2019 "A majority of justices on the Supreme Court seem to think posting 401(k) plan documents online isn't enough for companies to shorten the amount of time participants have to sue plan managers for mishandling investments.... [T]here were questions from the justices about how a ruling in Sulyma's favor would affect certifications in class actions and whether plan participants have to also understand the law enough to know a violation occurred from the information they're provided." [Sulyma v. Intel Corp. Investment Policy Comm., No. 17-15864 (9th Cir. Nov. 28, 2018; cert. pet. granted June 10, 2019; oral arg. Dec. 4, 2019)] MORE >> |
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