3rd Circuit Denies University’s Bid To Stay Mandate In ERISA Case

Mealey's (August 26, 2019, 12:29 PM EDT) -- PHILADELPHIA — In an Aug. 21 order, two Third Circuit U.S. Court of Appeals judges voted to deny a request to stay their May 2019 mandate reinstating allegations that the University of Pennsylvania acted imprudently while administering a 403(b) defined contribution, individual account employee pension benefit plan (Jennifer Sweda, et al. v. University of Pennsylvania, et al., No. 17-3244, 3rd Cir.)....