9th Circuit Finds Fact Issues On ‘Actual Knowledge’ In ERISA Dispute Against Intel

Mealey's (November 30, 2018, 2:16 PM EST) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals on Nov. 28 reversed entry of summary judgment in a case filed by a former employee and participant in Intel Corp.’s retirement plans over allegations that Intel invested retirement funds in violation of the Employee Retirement Income Security Act because disputes of material fact exist as to the participant’s “actual knowledge” (Christopher Sulyma, et al. v. Intel Corporation Investment Policy Committee, et al., No. 17-15864, 9th Cir., 2018 U.S. App. LEXIS 33361)....