( December 16, 2025, 11:05 AM EST) -- WASHINGTON, D.C. — The trust administrator for “top hat” deferred compensation and retirement plans on Dec. 15 waived its right to respond to a certiorari petition in which plan participants argue that they were wrongly left without relief from federal and state law because the Sixth Circuit U.S. Court of Appeals “adopted an exceedingly narrow and historically unmoored understanding of equitable relief” while simultaneously embracing “an all-too-broad understanding of preemption.”...