U.S. Bank Tells High Court ERISA Plaintiffs Lack Standing

Mealey's (November 14, 2019, 1:49 PM EST) -- WASHINGTON, D.C. — In a Nov. 12 respondent’s merits brief filed with the U.S. Supreme Court, U.S. Bank N.A. characterizes as “abstract” a putative class action in which U.S. Bank is accused of breaching its fiduciary duty to participants in a defined-benefit retirement plan (James J. Thole, et al. v. U.S. Bank, N.A., et al., No. 17-1712, U.S. Sup.)....