U.S. High Court Again Lets An ERISA Effective Vindication Ruling Stand

( November 5, 2024, 9:20 AM EST) -- WASHINGTON, D.C. — As it did with several previous requests for review of decisions that applied the “effective vindication” doctrine in such cases, the U.S. Supreme Court on Nov. 4 denied a certiorari request in which trustees of an employee stock ownership plan (ESOP) urged the high court to address what they argued is a circuit split on whether to “recognize the availability of individual arbitration for [Employee Retirement Income Security Act] claims.”...