3rd Circuit Affirms Judgment In Enforcement Action Against Fiduciary

(April 12, 2016, 10:44 AM EDT) -- PHILADELPHIA — A Pennsylvania federal judge did not err in imposing liability on an individual fiduciary for breaching his duties under the Employee Retirement Income Security Act or in denying the fiduciary his request for a new trial, the Third Circuit U.S. Court of Appeals ruled April 5 (Secretary United States Department of Labor v. John J. Koresko V, Nos. 15-2470, -3141, 3rd Cir.; 2016 U.S. App. LEXIS 6227).

(Decision available. Document #54-160413-101Z.)

In so concluding, the appellate panel of Circuit Judges Michael A. Chagares, Franklin...
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