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