( October 8, 2024, 10:05 AM EDT) -- PHILADELPHIA — Upholding rulings issued after a bench trial, a Third Circuit U.S. Court of Appeals panel said in a nonprecedential disposition that the rate used to calculate a lump sum distribution was unreasonable under the terms of the “top hat” supplemental executive retirement plan (SERP) at issue and that there was no clear error in the finding that the board “acted in bad faith.”...