Thole v. U.S. Bank N.A. | |
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Supreme Court of the United States | |
Decided June 1, 2020 | |
Full case name | Thole et al. v. U.S. Bank N.A. et al. |
Docket no. | 17-1712 |
Citations | 590 U.S. ___ (more) |
Holding | |
Participants in a defined-benefit retirement plan who are guaranteed a fixed payment each month regardless of the plan’s value or its fiduciaries' investment decisions lack Article III standing to bring a lawsuit against the fiduciaries under the Employee Retirement Income Security Act of 1974. | |
Court membership | |
| |
Case opinions | |
Majority | Kavanaugh |
Dissent | Sotomayor, joined by Ginsburg, Breyer, Kagan |
Laws applied | |
Employee Retirement Income Security Act of 1974 |
Thole v. U.S. Bank N.A., 590 U.S. ___ (2020), was a United States Supreme Court case in which the Court held that participants in a defined-benefit retirement plan who are guaranteed a fixed payment each month regardless of the plan’s value or its fiduciaries' investment decisions lack Article III standing to bring a lawsuit against the fiduciaries under the Employee Retirement Income Security Act of 1974.
References
- Thole v. U.S. Bank N.A., No. 17-1712, 590 U.S. ___ (2020).
- "Opinion analysis: Supreme Court protects defined-benefit plan fiduciaries from lawsuits". SCOTUSblog. 2020-06-01. Retrieved 2024-11-21.
External links
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