Addressing Jurisdiction, 2nd Circuit Issues Mixed Ruling In ERISA Arbitration Case

Mealey's (May 24, 2024, 2:59 PM EDT) -- NEW YORK — Rejecting an “eleventh-hour jurisdictional attack,” a Second Circuit U.S. Court of Appeals panel partly upheld confirmation of an arbitration award against a private investment manager — including more than $22 million in prejudgment interest — but vacated the challenged judgment as to disgorgement of profits and payment of certain attorney fees and costs....

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