8th Circuit Ruling Supports Reversal In Similar 403(b) Employee Benefit Plan Dispute

Mealey's (June 2, 2020, 9:57 AM EDT) -- NEW YORK — A recent Eighth Circuit U.S. Court of Appeals’ decision supports the reversal of a district court’s dismissal of the appellants’ breach of fiduciary claims in a class action dispute over New York University’s (NYU) 403(b) employee benefit plan, the appellants say in a May 28 letter notifying the Second Circuit U.S. Court of Appeals of the supplemental authority (Dr. Alan Sacerdote, et al. v. New York University, No. 18-2707, 2nd Cir.)....