TIAA Gets ERISA Suit Over Cross-Selling Narrowed For Lack Of ‘Class Standing’

( March 5, 2026, 11:02 AM EST) -- NEW YORK — Greatly narrowing a putative class suit in which plaintiffs challenging purported cross-selling done by a third-party service provider have sought to represent participants in thousands of retirement plans, a New York federal judge on March 4 ruled that the plaintiffs “may not attempt to pursue classwide claims for those plans in which they did not participate” because they didn’t show “class standing” as required in the Second Circuit U.S. Court of Appeals....