Labor Department Cheers Home Depot ERISA Dismissal at High Court

The US Labor Department applauded Home Depot Inc. employees’ decision to drop their ERISA case at the US Supreme Court, saying the move reflects the department’s commitment to ending meritless litigation over employee benefits.

“This outcome should provide reassurance to the regulated community that the Department of Labor is committed to ending regulation by litigation and to defending ERISA as Congress intended,” Daniel Aronowitz, head of the department’s Employee Benefits Security Administration, said in a Friday statement. “This result reflects a victory for common sense, sound legal doctrine, and the millions of American workers who rely on employer-sponsored retirement ...