USC, Plan Participants Debate Ruling On Motion To Compel Arbitration In 9th Circuit

Mealey's (January 18, 2018, 11:34 AM EST) -- SAN FRANCISCO — The University of Southern California (USC) recently asked the Ninth Circuit U.S. Court of Appeals to reverse a lower federal court’s denial of its motion to compel arbitration in a putative class action alleging that its 403(b) retirement plans charged excessive fees, challenging the lower court’s finding that plan participants can bring claims of breach of fiduciary duties to court (Allen L. Munro, et al. v. University of Southern California, et al., No. 17-55550, 9th Cir.)....