Ninth Circuit Rules in Favor of Plaintiffs in ERISA Suit Brought By Schlichter Bogard & Denton

On Tuesday, July 24, the Ninth Circuit Court of Appeals upheld the ruling of a California federal judge who denied the University of Southern California’s effort to send a proposed ERISA class action filed by Schlichter Bogard & Denton to arbitration.  Among other things, the Ninth Circuit found that the claims brought by Schlichter Bogard & Denton on behalf of USC plan participants could not be forced into arbitration because the participants were suing on behalf of the USC retirement plan.

News coverage related to this story can be found here and here

For additional information about Schlichter Bogard & Denton’s ERISA and Financial Abuse practice, please contact Schlichter Bogard & Denton at 1-800-873-5297 or sbd@uselaws.com.