En Banc Rehearing Sought Over 5th Circuit Decision Upholding ERISA ‘Mega-Class’

Mealey's (September 12, 2023, 9:24 AM EDT) -- NEW ORLEANS — Arguing in part that a Fifth Circuit U.S. Court of Appeals panel ruling improperly “creates a roadmap to expand class actions well beyond traditional boundaries,” entities that market and administer retirement and health benefit plans through two trusts filed a Sept. 11 petition for rehearing en banc in the Employee Retirement Income Security Act case....