2nd Circuit Panel Says Pension Plan Participant Has Standing To File Suit

Mealey's (February 14, 2017, 12:56 PM EST) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on Feb. 10 issued a summary order vacating a New York federal judge’s ruling that a pension plan participant does not have standing to sue on behalf of himself, his pension plan and other similarly situated Employee Retirement Income Security Act plans over alleged improper fiduciary conduct (Landol Fletcher v. Convergex Group LLC, et al., No. 16-734, 2nd Cir., 2017 U.S. App. LEXIS 2459)....