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Mealeys

Mealey's Labor & Employment - Briefs Filed In Support Of University's Plea For High Court Review In 403(b) Suit

WASHINGTON, D.C. - The U.S. Supreme Court should grant review in a suit alleging that the University of Pennsylvania acted imprudently while administering a 403(b) defined contribution individual account employee pension benefit plan because the Third Circuit U.S. Court of Appeals' decision contradicts with decisions by the high court on the proper pleading requirements, the U.S. Chamber of Commerce and the American Benefits Council maintain in a Jan. 17 amicus curiae brief filed in support of the petitioners (University of Pennsylvania, et al. v. Jennifer Sweda, et al., No. 19-784., U.S. Sup.).
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