United States Fourth Circuit
McCorkle v. Bank of Am. Corp., 11-1668
In plaintiffs' class action suit against Bank of America, claiming violations of certain provisions of the Employment Retirement Income Security Act of 1974 (ERISA), district court's order dismissing a count claiming a violation of the anti-backloading rules is affirmed, as plaintiffs' anti-backloading theory hinged on a finding that the Plan's normal retirement age (NRA) is invalid, and here, the plaintiffs have conceded that the Plan's NRA is valid with respect to section 1002(24).
Appellate Information
- Decided 07/25/2012
- Published 07/25/2012
Judges
- Agee
Court
- United States Fourth Circuit