No. 17-1712October Term 2019Decided Jun 1, 2020
Thole v. U. S. Bank N. A.
Retired participants in U.S.
Case status
- Current stage
- Decided
- Latest event
- Decision released Jun 1, 2020
- What it's about
Retired participants in U.S. Bank’s defined-benefit pension plan sued the plan’s fiduciaries under ERISA, claiming bad investment decisions caused major losses to the plan. The case asked whether those participants could stay in federal court even though they continued to receive their full fixed pension benefits and faced no imminent loss of those payments.
Question presented
1. May an ERISA plan participant or beneficiary seek injunctive relief against fiduciary misconduct under 29 U.S.C. 1132(a)(3) without demonstrating individual financial loss or the imminent risk thereof? 2. May an ERISA plan participant or beneficiary seek restoration of plan losses caused by fiduciary breach under 29 U.S.C. 1132(a)(2) without demonstrating individual financial loss or the imminent risk thereof? 3. Whether petitioners have demonstrated Article III standing.
- Case path
United States Court of Appeals for the Eighth Circuit / Decision released Jun 1, 2020
- Area
Decided Supreme Court case
Timing
Decided June 1, 2020
The Court released its decision on June 1, 2020 without hearing oral argument.
Related cases
Grounding
- Grounding
- Primary-source trail available.
- Note
- Plain-English explainer. Official filings and opinions remain authoritative.
- Checked
- Jul 3, 2026
- Method
- Methodology