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Second Circuit Confirms Dismissal of Lawsuit Against New York Teamsters’ Pension
PLANADVISER
Nov. 26, 2025 "Though the 2nd Circuit found that the plaintiffs had standing to sue and acknowledged that private assets had more risk, it also determined that the investment did not breach fiduciary duty under [ERISA]." [Carlisle v. The Board of Trustees of The American Federation of The New York State Teamsters Conference Pension and Retirement Fund, No. 25-0511 (2d Cir. Nov. 21, 2025; unpub.)] MORE >> |
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