US Tells High Court To Nix Fifth Third's ERISA Appeal

By Ben James ( March 7, 2014, 7:24 PM EST) -- Fifth Third Bancorp's argument that ex-workers who said the company's stock was too risky for their retirement plan had to claim Fifth Third faced dire circumstances — such as impending collapse — to keep a proposed Employee Retirement Income Security Act class action in court is bunk, the U.S. solicitor general told the Supreme Court on Wednesday. ...

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