High Court Development Is Flagged In Challenge To Class Certification In TDF Row

( June 23, 2025, 8:33 AM EDT) -- RICHMOND, Va. — Filing a notice of supplemental authority in the interlocutory appeal, an employer that was sued over the decision to offer BlackRock LifePath Index target date funds (TDFs) in its retirement plan told the Fourth Circuit U.S. Court of Appeals that a recent U.S. Supreme Court development means that Alig v. Shea “remains controlling and requires reversal of” the certification of a mandatory class....