Class Again Fails To Convince 2nd Circuit In Long-Running ERISA Conversion Case

( April 28, 2026, 2:28 PM EDT) -- NEW YORK — Issuing a brief summary order upholding denial of a motion for accounting or postjudgment discovery in a partially successful class action over a 1998 conversion that turned a traditional defined-benefit pension plan to a cash-balance plan, the Second Circuit U.S. Court of Appeals called the challenged decisions “careful and thorough” and said it affirmed them based on “substantially the reasons” the lower court cited....