Lockheed Urges High Court To Let Stand ERISA Untimeliness Ruling Against Employee

Mealey's (April 1, 2021, 12:43 PM EDT) -- WASHINGTON, D.C. — Lockheed Martin Corp. is urging the U.S. Supreme Court to reject a petition for a writ of certiorari filed by a plan participant whose breach of fiduciary duty case was deemed time-barred, arguing in its March 29 opposition brief that no fraud or concealment occurred to trigger an exception contained in the Employee Retirement Income Security Act to extend the three-year statute of limitations to six....