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Mealey's Labor & Employment - U.S. Supreme Court Won't Hear Appeal Over ERISA Loss Causation Standard

WASHINGTON, D.C. - The U.S. Supreme Court on Jan. 13 denied a petition for a writ of certiorari filed by a 401(k) plan trustee that sought a high court opinion on who bears the burden of proof on loss causation in its Employee Retirement Income Security Act dispute with plan participants (Putnam Investments LLC, et al. v. John Brotherston, et al., No. 18-926, U.S. Sup.).
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