9th Circ. Won't Rehear Schwab ERISA Arbitration Case

Law360 (November 7, 2019, 9:27 PM EST) -- The Ninth Circuit said Thursday that it won’t reconsider sending a proposed ERISA class action against Charles Schwab Corp. to arbitration, a decision a three-judge panel made in August on the grounds that Schwab’s retirement plan requires all litigation to be resolved out of court.

A group of Schwab workers and retirees asked the Ninth Circuit for a rehearing on the motion to compel arbitration in September. They said their proposed class action, which accuses Schwab of operating its retirement plan more for the company’s benefit than workers’, belongs in court. AARP, the AARP Foundation and the National Association of Consumer...

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!