U.S. Supreme Court Seeks Response To Review Bid For 2nd Circuit ERISA Ruling

(April 19, 2024, 11:52 AM EDT) -- WASHINGTON, D.C. — After Cornell University and related entities said they didn’t plan to file a brief unless asked, the U.S. Supreme Court issued an April 18 request for a response to a certiorari petition in which retirement plan participants argue that of two 2023 decisions that amplified a “preexisting circuit split” over Employee Retirement Income Security Act pleading standards for prohibited-transaction claims, the ruling against them “is the superior vehicle for review.”...