Law360, New York (July 06, 2012, 9:18 PM ET) -- The Fourth Circuit on Thursday ruled that remedies for certain breaches of fiduciary duties under the Employee Retirement Income Security Act are not limited to refunds, taking an expansive view of the U.S. Supreme Court's decision in Cigna Corp. v. Amara that could help plaintiffs keep their claims in court.
The appeals court held that Debbie McCravy can pursue remedies beyond a refund of the premiums she paid to Metropolitan Life Insurance Co. for a life insurance policy for her daughter — who it was revealed...
4th Circ. Says Amara Ruling Expands ERISA Remedies
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