U.S. High Court Won’t Review Ruling On ERISA Inside Information Appeal

Mealey's (January 22, 2020, 1:24 PM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on Jan. 21 denied a petition for a writ of certiorari filed by retirement plan participants whose claims that the plan fiduciaries breached their duty and failed to act on inside information when it came to the employee stock ownership plan (ESOP) were dismissed (Eric O’Day, et al. v Ahmad Chatila, et al., No. 19-595, U.S. Sup.)....