U.S. top court hands win to employees in Edison International 401(k) dispute

Reuters News
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Posted: May 18, 2015 10:22 AM

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday revived claims made by Edison Internationalemployees who accused the utility of favoring higher-cost mutual funds over lower-cost ones in its retirement plan.

On a 9-0 vote, the court throw out an appeals court ruling that limited the number of claims that could be made in the case involving Edison's retirement plan management.

(Reporting by Lawrence Hurley; Editing by Will Dunham)