"The participants alleged that the rebates were plan assets because they were obtained through the exercise of discretionary authority by MetLife in negotiating the contracts and in allocating the rebates to itself at the expense of plan participants.... The district court granted MetLife's motion to dismiss, concluding that plaintiffs did not have standing to pursue their claims." [Knudsen v. MetLife Grp., Inc., No. 23-2420 (3d Cir. Sep. 25, 2024)]  MORE >>