2nd Circuit Undoes Verizon ERISA Win, Citing ‘Gross Negligence’ On Death Benefit

Mealey's (June 5, 2020, 12:57 PM EDT) -- NEW YORK — In partly reversing a lower court ruling for Verizon Communications Inc., the Second U.S. Circuit Court of Appeals on June 1 found that the beneficiary of an ERISA-governed plan had plausibly argued for a variety of equitable remedies in alleging that the telecom giant repeatedly promised more than half a million dollars in death benefits, but ultimately paid out $11,400 (Kristine Sullivan-Mestecky v. Verizon Communications Inc., et al., No. 18-1591-cv, 2nd Cir., 2020 U.S. App. LEXIS 17230)....