2 Claims Survive Summary Judgment In Class Loan Procedure Suit Under ERISA

Mealey's (October 11, 2021, 2:44 PM EDT) -- NEW YORK — A New York federal judge on Sept. 30 granted summary judgment in favor of Teachers Insurance and Annuity Association of America (TIAA) on one claim of nonfiduciary liability for fiduciary breach but allowed two others to proceed in a class suit filed by a pension plan participant seeking equitable relief for plan loan procedures that allegedly violate the Employee Retirement Income Security Act....