North Carolina Federal Judge Allows Expert Witnesses To Testify In Benefit Plan Case

Mealey's (October 26, 2016, 2:37 PM EDT) -- CHARLOTTE, N.C. — A North Carolina federal judge on Oct. 20 denied a motion to exclude the testimony of two expert witnesses in a long-running case over NationsBank’s decision to allow its employees to transfer their 401(k) assets to a cash balance defined benefit plan, saying that he can freely accept or reject an expert’s testimony during an upcoming bench trial and that the defense will be able to point out any inadmissible opinions (William L. Pender, et al. v. Bank of America Corp., et al., No. 3:05-cv-00238, W.D. N.C.; 2016 U.S. Dist. LEXIS 145497)....

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