Stacey Cerrone

Stacey Cerrone

Jackson Lewis P.C.

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U.S. Bancorp Defeats Class Certification In Challenge To Early Retirement Benefits

The District Court of Minnesota declined to certify a class of pensioners seeking to challenge their plan’s early retirement calculations. ERISA requires early retirement benefits to be actuarially equivalent to what...more

6/2/2021  /  Actuarial Values , Class Certification , Early Retirement , Employee Retirement Income Security Act (ERISA) , FRCP 23 , Pensions , US Bancorp

Third Circuit To Consider Class Certification Issues Percolating In ERISA Fee Litigation

The Third Circuit will review a Pennsylvania district court’s decision to certify a 60,000+ person class in an ERISA fiduciary breach lawsuit claiming mismanagement of a defined contribution plan’s investments and...more

5/24/2021  /  401k , Breach of Duty , Class Action , Class Certification , Defined Contribution Plans , Employee Retirement Income Security Act (ERISA) , Fiduciary Duty , FRCP 23 , Mismanagement , Thole v U.S. Bank
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