High Court Told ERISA Prohibited-Transaction Differences Don’t Need Review

(July 23, 2024, 12:04 PM EDT) -- WASHINGTON, D.C. — In a July 22 respondent brief filed at the request of the U.S. Supreme Court, Cornell University and related entities urge denial of a certiorari petition regarding an Employee Retirement Income Security Act ruling, arguing in part that “no court of appeals that has considered a prohibited-transaction claim challenging a contract for routine plan services has allowed the claim to proceed.”...