High Court Seeks Response To Petition In ERISA ESOP Effective Vindication Row

(August 1, 2023, 1:20 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on July 31 requested a response to a certiorari petition in which fiduciaries argue that the challenged ruling declining to compel arbitration in the case concerning an employee stock ownership plan (ESOP) based on application of the effective vindication exception “offends” two lines of high court decisions and deepens a circuit split....