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Kentucky Supreme Court hears arguments in pension case

OCTOBER 25, 2019 | WBKO-TV NEWS (KENTUCKY)

Government employees in Kentucky who sued over state investment decisions have taken their case to the state's Supreme Court after a lower court said they lacked standing to file suit. … Defendants' attorney Paul Curnin said allowing the employees to sue would be a ‘radical departure’ that's ‘contrary to common sense.’ He said only KRS is qualified to sue. Plaintiffs' attorney Ann Oldfather said since KRS and the attorney general's office failed to take court action over losses from hedge-fund investments, the employees were entitled to act.

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