2nd Circuit Affirms Dismissal Of ERISA Suit Against SunEdison Directors, Committee

Mealey's (June 12, 2019, 10:04 AM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals on June 7 affirmed a lower federal court’s dismissal of a breach of fiduciary duty and loyalty lawsuit brought by SunEdison Inc.’s board of directors and investment by former employees who participated in the company’s defined contribution retirement plan (Eric O’Day, et al. v Ahmad Chatila, et al., Nos. 18-2621 and 18-2632, 2nd Cir., 2019 U.S. App. LEXIS 17199)....