In The News

U.S. Bank Tells Justices Retirees Have ‘No Stake’ in ERISA Row

Law360

13 Nov 2019
Reprinted with permission.

Law360 covered the U.S. Bank’s brief that urges the U.S. Supreme Court not to touch the Eighth Circuit’s finding that workers can’t sue fully funded pension plans for fiduciary breaches, arguing that the retirees lack standing for their Employee Retirement Income Security Act claims under Article III of the U.S. Constitution because they aren’t at risk of losing their retirement benefits and have “no stake in this litigation,” which the high court agreed to hear in June.

The article highlighted that Morrison & Foerster partner Joe Palmore and associate James Sigel are representing U.S. Bank.

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