Panel Upholds Ruling Against Plan Participants In ERISA ‘Meaningful Benefits’ Case

Mealey's (May 25, 2023, 11:10 AM EDT) -- SAN FRANCISCO — Affirming summary judgment under Thole v. U.S. Bank N.A. in a class action in which pension plan participants argued that they weren’t provided “meaningful benefits,” a Ninth Circuit U.S. Court of Appeals panel issued a May 24 unpublished memorandum disposition finding no error in the decision that the participants lack standing....