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Fifth Circuit Denies Intervenors in ERISA Class Action Lawsuit Seeking Reformation of Cash Balance Plan
Roberts Disability Law Link to more items from this source
Oct. 11, 2022

"The Press Plaintiffs then sought to intervene to opt out of the newly certified class, or alternatively, enter the Guenther Action as named plaintiffs.... On appeal, the Fifth Circuit considered only whether the district court erred in denying the Press Plaintiffs' intervention as of right.... The Fifth Circuit rejected the Press Plaintiffs' arguments that their interests are considerably distinct from those of the Guenther Plaintiffs." [Guenther v. BP Ret. Accumulation Plan, No. 21-20617 (5th Cir. Oct. 7, 2022)

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