Schwab ERISA Ruling Created Split In 9th Circ., Worker Says

Law360 (September 11, 2019, 3:57 PM EDT) -- A former Charles Schwab worker accusing his ex-employer of keeping poorly performing funds in its retirement plan has urged the Ninth Circuit to reconsider booting his proposed class action to arbitration, arguing the decision didn't mesh with the court's earlier finding in a case against USC.  

In his petition Tuesday, Michael Dorman asked the appeals court for a rehearing either by the full court or the original panel that issued the August ruling in his Employee Retirement Income Security Act suit over the management of his retirement plan by Charles Schwab Corp.

The Ninth Circuit's decision ran counter to an earlier...

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