Edison International has asked the U.S. Supreme Court to reconsider the wisdom of agreeing to hear Tibble v. Edison International, arguing it should be dismissed on the grounds the high court "improvidently granted" certification of the landmark 401(k) fee case.
In papers filed just weeks before the court is scheduled to hear oral arguments in the case, Edison claims the case was certified last fall based on specious arguments presented to the Supreme Court by plaintiffs' attorneys.
Specifically, Edison says the plaintiffs "starkly mischaracterize(d)" the record when they asked the Supreme Court to consider the case.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
