High Court Petitioners:  4th Circuit 401(k) Diversification Ruling Creates Split

Mealey's (November 23, 2021, 2:18 PM EST) -- WASHINGTON, D.C. — In a Nov. 22 supplemental brief supporting their petition seeking U.S. Supreme Court review of a dispute over the Employee Retirement Income Security Act’s diversification requirement, Gannett Co., Inc. and The Gannett Benefit Plans Committee contest the argument in an amicus curiae brief filed by the U.S. government that they misread the Fourth Circuit U.S. Court of Appeals’ ruling....