U.S. High Court Denies Review Of CAFA Mass Action Exception

Mealey's (January 9, 2023, 11:14 AM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on Jan. 9 denied a petition for a writ of certiorari filed by a retirement plan’s former actuary and administrative firm seeking to resolve an alleged circuit split concerning the interpretation of “an event or occurrence” in the “local single event” exception to mass actions under the Class Action Fairness Act (CAFA)....