Thole v. U. S. Bank N. A.

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.[1][2]

Thole v. U. S. Bank N. A.
Decided June 1, 2020
Full case nameThole v. U. S. Bank N. A.
Docket no.17-1712
Citations590 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
Chief Justice
John Roberts
Associate Justices
Clarence Thomas · Ruth Bader Ginsburg
Stephen Breyer · Samuel Alito
Sonia Sotomayor · Elena Kagan
Neil Gorsuch · Brett Kavanaugh
Case opinions
MajorityKavanaugh
DissentSotomayor, joined by Ginsburg, Breyer, Kagan
Laws applied
Employee Retirement Income Security Act of 1974

References

edit
  1. ^ Thole v. U. S. Bank N. A., No. 17-1712, 590 U.S. ___ (2020).
  2. ^ "Opinion analysis: Supreme Court protects defined-benefit plan fiduciaries from lawsuits". SCOTUSblog. 2020-06-01. Retrieved 2024-11-21.
edit
  • Text of Thole v. U. S. Bank N. A., No. 17-1712, 590 U.S. ___ (2020) is available from: Justia