6th Circuit Won’t Revisit 2-1 Revival Of ERISA Suit Challenging TDFs

( February 13, 2025, 10:55 AM EST) -- CINCINNATI — The Sixth Circuit U.S. Court of Appeals on Feb. 12 briefly denied a petition for rehearing en banc that six amicus curiae entities supported in a combined brief; the 2-1 decision at issue revived an Employee Retirement Income Security Act suit over a retirement plan’s retention of the passively managed Northern Trust Focus Funds suite of target date funds (TDFs) and choice of share classes....

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