The Ninth Circuit Reverses Itself and Enforces ERISA Mandatory Arbitration Clause
A three-judge panel of the Ninth Circuit recently decided that Charles Schwab Corp. can require a proposed class action to arbitrate its claim that Schwab breached its fiduciary duties by including Schwab-affiliated investment funds in the Plan, despite the funds’ poor performance, to generate fees for Schwab and its affiliates. In doing so, the Ninth […]
MS
Marvin "Bucky" Swift
Former Partner