December 01, 2022
The Second Circuit on Thursday disbanded a class of more than 200,000 retirees accusing the Teachers Insurance and Annuity Association of America of violating federal benefits law through a program offering loans collateralized with retirement savings, finding a lower court jumped the gun.
May 10, 2022
The Second Circuit on Tuesday appeared likely to unravel a class of more than 200,000 retirees alleging that the Teachers Insurance and Annuity Association of America violated federal benefits laws through a program offering loans collateralized with retirement savings.
May 06, 2022
In the coming week, the Second Circuit will hear arguments over whether a New York federal judge should have certified a class in a suit claiming the Teachers Insurance and Annuity Association collected unlawful profits from retirement loans it administered. Here, Law360 looks at that case as well as other major labor and employment cases on the docket in the Empire State.
July 21, 2021
The Teachers Insurance and Annuity Association of America is urging the Second Circuit to reverse a New York federal judge's decision to turn litigation alleging the company improperly profited from its retirement loan program into a class action, saying the 200,000 retirement savers in the class don't have enough in common.