The U.S. Supreme Court on Thursday agreed to weigh whether to revive certain claims made in a class action lawsuit filed by employees against utility Edison International over its pension plan management.
The nine justices will consider a lawsuit filed by Glenn Tibble and other employees against Edison subsidiary Southern California Edison Co. The plaintiffs say the company breached its fiduciary duty by, among other things, offering higher-cost mutual funds to those participating in the plan despite the fact that identical lower-cost mutual funds were available.
At issue is whether some of the claims in the lawsuit were barred by a six-year statute of limitations that is part of the Employee Retirement Income Security Act. In July 2010, a federal judge in California said they were barred. The San Francisco-based 9th U.S. Circuit Court of Appeals agreed in an August 2013 decision.
Both courts said claims made within the six-year period could move forward.
A ruling is due by the end of June.
The case is Tibble v. Edison International, U.S. Supreme Court, No. 13-550.
(Reporting by Lawrence Hurley; Editing by Will Dunham)
Topics Lawsuits USA California
Was this article valuable?
Here are more articles you may enjoy.
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
Business Interruption Claims Arising From the Middle East Conflict 
Four Georgia Troopers Fired in Vehicle Pursuit-Insurance Scheme 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
