High Court Denies Review Of ERISA Disgorgement Ruling

Mealey's (June 17, 2019, 1:16 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on June 17 denied review of a District of Columbia Circuit U.S. Court of Appeals’ ruling that 29 U.S. Code Section 1344(c) precludes pension plan participants from recovering from the Pension Benefit Guaranty Corp. (PBGC) any post-termination increase in the value of plan assets as a remedy for alleged breach of fiduciary duty (K. Wendell Lewis, et al. v. Pension Benefit Guaranty Corp., No. 18-1279, U.S. Sup.)....