Monday, May 15, 2006

ERISA Decision by SCOTUS 5/12/06

In Sereboff v. MidAtlantic Medical Services the Court has held that plan fiduciaries under the Employment Retirement Income Security Act can bring a civil action under Section 502(a)(3) of the act to obtain "appropriate equitable relief" to recover money that plan participants received from another source.

You can find the decision here.