2nd Circ. OKs Plan Reformation In Cigna ERISA Class Action
By Ben James ( January 7, 2015, 8:28 PM EST) -- A recent Second Circuit opinion rejecting Cigna Corp.'s challenge to a ruling reforming its pension plan in a massive Employee Retirement Income Security Act class action answered a question left open by the nation's highest court, holding that plan reformation resulting in monetary relief may be permissible under a class action rule providing for injunctive and declaratory remedies....
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