8th Circ. Refuses To Clarify 401(k) Retiree Loss Ruling

Law360, New York (May 19, 2017, 3:54 PM EDT) -- The Eighth Circuit issued a terse order Thursday refusing a rehearing bid by ABB Inc. on a March opinion that remanded for a second time a suit accusing the technology conglomerate of changing retirement plans for its own benefit.

ABB in April requested a rehearing to clarify the scope of the Eighth Circuit’s opinion, which had found that a lower court misinterpreted a recommendation from the circuit's prior ruling as the only way to calculate retiree losses. The Eighth Circuit on Thursday simply rejected the rehearing...
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Case Information

Case Title

Ronald Tussey, et al v. ABB, et al

Case Number



Appellate - 8th Circuit

Nature of Suit

3791 Employee Retirement Income Security

Date Filed

August 17, 2015

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