High Court Asked To Restore ERISA Suit Over Madoff Profits

By Cara Mannion (May 22, 2017, 1:34 PM EDT) -- A New York engineers' union fund has petitioned the U.S. Supreme Court to revive its suit against the Bank of New York Mellon and Ivy Investment Management over decades-old Bernie Madoff investment advice, saying the Second Circuit violated bedrock principles of the Employee Retirement Income Security Act when affirming the case's dismissal....

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