Government:  Petitioners Have Standing Under ERISA In Dispute With US Bank

Mealey's (September 20, 2019, 10:55 AM EDT) -- WASHINGTON, D.C. — In a series of amicus curiae briefs filed Sept. 17 and 18, parties ranging from the AARP to the federal government told the U.S. Supreme Court that it should reverse a 2017 holding by the Eighth Circuit U.S. Court of Appeals that losses sustained by a defined-benefit pension plan later remedied via contribution from a plan fiduciary are not actionable for lack of standing (James J. Thole, et al. v. U.S. Bank, N.A., et al., No. 17-1712, U.S. Sup.)....