Justices Seek Solicitor General's View In US Bank ERISA Suit

Law360 (October 1, 2018, 3:16 PM EDT) -- The U.S. Supreme Court on Monday asked the federal government to weigh in on whether the court should consider a petition challenging the Eighth Circuit’s finding that participants in a U.S. Bank pension plan couldn’t sue over alleged fiduciary breaches because the plan was overfunded.

In their weekly order list, the justices invited the U.S. solicitor general to file a brief on two retirees’ bid to overturn the Eighth Circuit’s upholding of a district court’s dismissal of their Employee Retirement Income Security Act suit against U.S. Bank, U.S. Bancorp and various U.S. Bancorp directors. The retirees argued in their June petition...

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