August 10, 2011 Update

The Seventh Circuit Court of Appeals in a 2-1 decision affirmed the dismissal of the retirees lawsuit against CUNA Mutual. This is very disappointing. There was a strong dissent that quoted a Woody Guthrie song: “Some will rob you with a six-gun/And some with a fountain pen.”

The Seventh Circuit Court of Appeals in a 2-1 decision affirmed the dismissal of the retirees lawsuit against CUNA Mutual.  Click here to read the decision.  This is very disappointing.  There was a strong dissent that quoted a Woody Guthrie song: “Some will rob you with a six-gun/And some with a fountain pen.”

The lawyers will be meeting to discuss options and will be in consultation with the class plaintiffs.

The next option would be to petition the U.S. Supreme Court to take the case.

We will keep you advised.