9th Circuit Hears Arguments On Applicable Limitations Period Under ERISA

Mealey's (October 22, 2018, 11:15 AM EDT) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals on Oct. 18 heard oral arguments on the issue of whether a limitations period of three years or a limitations period of six years under the Employee Retirement Income Security Act applies to a suit filed by a participant in Intel Corp.’s 401(k) plan who claims that the plan made imprudent investments that resulted in losses to plan participants (Christopher Sulyma, et al. v. Intel Corporation Investment Policy Committee, et al., No. 17-15864, 9th Cir.)....