High Court Will Hear Cigna's Appeal In Pension Fight

Law360, New York (June 28, 2010, 2:20 PM EDT) -- The U.S. Supreme Court agreed on Monday to hear an appeal of a court order awarding additional pension benefits to Cigna Corp. employees who launched a class action against the health care giant over changes to the company's retirement plan.

The decision comes a month after Acting Solicitor General Neal Kumar Katyal filed a brief urging the court not to take the case. Justice Sonia Sotomayor did not take part in the decision, according to the order.

Counsel for Cigna and the plaintiffs could not be...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.