3rd Circ. Won't Stay Enforcement Of Penn ERISA Case Revival

Law360 (August 22, 2019, 5:04 PM EDT) -- The Third Circuit won't hold off on enforcing its decision to revive a potential Employee Retirement Income Security Act class action against the University of Pennsylvania while the school asks the U.S. Supreme Court to take up the case.

The Third Circuit issued a mandate Wednesday that makes official its May decision to resurrect claims that the school allowed its retirement plan to overpay for services and offer expensive, poorly performing investment options. The court simultaneously issued an order denying the university's motion to stay that mandate.

Penn wrote in its motion to stay that it plans to asks the high court...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS