When former Cintas Corp. employees sued company and its investment committee, the Sixth Circuit held an arbitration clause in individual employment agreement did not apply to ERISA fiduciary breach claims brought on behalf of a defined contribution plan.
U.A. Plumbers & Steamfitters Local 22 Pension Fund participants filed petition for panel and en banc rehearing of Second Circuit’s ruling favoring pension plan’s retroactive requirement that participants choose between post-retirement employment or early retirement benefits.