Panel Briefed On Dismissed Claims Of Failure To Monitor Pension Plan

Mealey's (October 28, 2020, 1:15 PM EDT) -- SAN FRANCISCO — In an Oct. 23 reply brief, two appellants tell the Ninth Circuit U.S. Court of Appeals that a federal judge in California erred in dismissing allegations that their former employer, its pension plan committee and a record-keeper breached their fiduciary duties when they miscalculated and misinformed participants about the amount of their retirement benefits (Stephen H. Bafford, et al. v. Northrop Grumman Corporation, et al., No. 20-55222, 9th Cir.)....