Participants Contest Dismissal Of Claims In Retirement Plan Case To 2nd Circuit

Mealey's (May 5, 2021, 11:37 AM EDT) -- NEW YORK — Following a federal district court’s approval of a $250,000 class settlement on the only surviving claim in an Employee Retirement Income Security Act lawsuit by participants in two Cornell University retirement plans against Cornell and fiduciaries of those plans, the participants argue in an April 28 brief to the Second Circuit U.S. Court of Appeals that the district court erred in dismissing other claims....