Detailed Instructions: In this task, you will be shown a prompt from a judicial decision and multiple holding statements derived from citations following text in a legal decision. Holdings represent the governing legal rule when the law is applied to a particular set of facts. There are five answer choices for each citing text. The correct answer is the holding statement that corresponds to the citing text. You should write an incorrect option. Even though there exist multiple wrong answers, we only need a single wrong answer. There is a <HOLDING> token in the position of the citing text prompt where the holding statement was extracted.
Q: was no allegation that the losses put the plan in "at-risk status" under the statute, which is contested here, the court concluded that it was more important that the complaint did not allege that the plan sponsor "is financially compromised and thus unable to adequately fund the Plan so that it may meet its future obligations to pay all vested benefits." Id. 14 . The Non-Transferee Class does cite cases regarding the per se ERISA violations listed in 406, 29 U.S.C. 1106. But these cases do not stand for the proposition that participants can sue for 409 relief without showing particularized injury to themselves. Courts addressing 406 claims still assess whether plaintiffs have constitutional standing. See, e.g., Faber v. Metro. Life Ins. Co., 648 F.3d 98, 102-03 (2d Cir.2011)
Holding statements: (A) holding that plan beneficiaries had consl rational standing to bring 406 claim for injunctive relief although not for disgorgement or restitution which require particularized injury where beneficiaries could not show individual harm because they received entire amount of promised benefits (B) holding that an individual plaintiff could not proceed under 1132a2 because it affords no remedies to individual beneficiaries (C) holding that beneficiaries of an estate lacked standing under rico to sue for an injury derivative of the estates injury (D) holding that the proceeds of a pension plan could be garnished after they had been paid out to the beneficiaries (E) holding that beneficiaries could not sue attorneys of the trust for legal malpractice because beneficiaries are not direct recipients of the attorneys services
A:
holding that an individual plaintiff could not proceed under 1132a2 because it affords no remedies to individual beneficiaries