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Federal District Court Finds ERISA Plan Participants Lack Standing to Challenge Cross-Plan Offsetting
Faegre Drinker 
June 2, 2021 "[P]laintiffs in a putative class action ... alleged that UnitedHealth Group's practice of cross-plan offsetting violated ERISA's fiduciary duty of loyalty and constituted a prohibited transaction. They did not allege, though, that they had been individually injured by cross-plan offsetting ... The court specifically rejected plaintiffs' argument that the practice of cross-plan offsetting puts their own payroll contributions at issue." [Scott v. UnitedHealth Group, No. 20-1570 (D. Minn. May 20, 2021)] |
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