SunEdison Directors, Committee Ask 2nd Circuit To Affirm Dismissal Of ERISA Suit

Mealey's (December 19, 2018, 12:36 PM EST) -- NEW YORK — SunEdison Inc.’s board of directors and investment committee on Dec. 17 asked the Second Circuit U.S. Court of Appeals to affirm a lower federal court’s dismissal of a breach of fiduciary duty and loyalty lawsuit brought by former employees who participated in the company’s defined-contribution retirement savings plan (Eric O’Day, et al. v Ahmad Chatila, et al., Nos. 18-2621 and 18-2632, 2nd Cir.)....

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