Appellants, Amici Express Many Criticisms Re ERISA Conversion Row To 5th Circuit

( July 17, 2025, 1:48 PM EDT) -- HOUSTON — Advancing arguments regarding issues of standing, statute of repose, successor liability and class certification, appellants and prominent amici curiae filed briefs urging the Fifth Circuit U.S. Court of Appeals to reverse judgment for the class in an Employee Retirement Income Security Act suit over the 1989 conversion of a defined benefit plan that used a final average pay formula to a retirement accumulation plan (RAP) cash balance plan....