‘Immediate Review’ Of ERISA Ruling Is Warranted, Amici Argue To High Court

Mealey's (April 1, 2019, 2:14 PM EDT) -- WASHINGTON, D.C. — The National Association of Manufacturers, The American Benefits Council, The ERISA Industry Committee and The American Retirement Association on March 28 filed an amicus curiae brief in support of Intel Corp. requesting immediate review by the U.S. Supreme Court of the Ninth Circuit U.S. Court of Appeals’ ruling that reversed the entry of summary judgment in a case filed by a former employee and participant in its retirement plans over allegations that it invested retirement funds in violation of the Employee Retirement Income Security Act (Intel Corporation Investment Policy Committee, et al. v. Christopher Sulyma, et al., No. 18-1116, U.S. Sup.)....