Judge Dismisses Funds’ ERISA Suit Against Administrative Service Providers

( April 23, 2024, 2:42 PM EDT) -- NEW HAVEN, Conn. — Ruling that the trustees of two multiemployer, self-funded welfare benefit funds had standing to sue administrative service providers but “do not plausibly allege that Defendants exercise or possess[] discretionary authority required to be” fiduciaries under the Employee Retirement Income Security Act, a Connecticut judge dismissed the case without prejudice on April 22....

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