Pension Plan's ING Kickback Suit Not Too Late: Judge

Law360, New York (January 19, 2012, 5:10 PM EST) -- A Connecticut federal judge on Thursday said most claims are not time-barred in a pension plan administrator's putative class action alleging ING Life Insurance and Annuity Co. engaged in a pay-for-play scheme with mutual funds in violation of the Employee Retirement Income Security Act.

U.S. District Judge Janet C. Hall found that the motion to dismiss phase was not the proper point in the trial to determine whether plan manager Healthcare Strategies Inc.'s claims against ING violated the statute of limitations under ERISA. ING said the...
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