U.S. High Court’s Shift On Standing Nixes ERISA Suit, Columbia Trustees Say

Mealey's (June 25, 2020, 12:10 PM EDT) -- NEW YORK — The U.S. District Court for the Southern District of New York should decertify a class of plaintiffs suing over the alleged mismanagement of a Columbia University retirement plan, trustees of the school argued June 15, citing a recent decision of the U.S. Supreme Court over standing for claims under the Employee Retirement Income Security Act (Chandra Cates, et al. v. Trustees of Columbia University in the City of New York, No. 16-6524, S.D. N.Y.)....