Justices Asked To Decide Who Can Sue Over Verizon Pensions

Law360, Washington (December 22, 2015, 7:32 PM EST) -- A class of Verizon pension plan participants challenging the telecom giant in a Employee Retirement Income Security Act case for allegedly mismanaging their pension plan has urged the U.S. Supreme Court to take the case up, saying circuit courts are in "disarray" over whether participants can sue without showing individual harm.

The cert petition, filed Dec. 15, narrows the question to standing for a class of 50,000 plan participants, without arguing for review for a second class of people whose plans were transferred and were part of the case. The question of standing for the 50,000 is the question ripe for...

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