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No. 18-1116October Term 2019Decided Feb 26, 2020

Docket 18-1116October Term 2019 (2019–2020)

Intel Corp. Investment Policy Comm. v. Sulyma

This case asked when the three-year deadline for bringing an ERISA fiduciary-breach claim begins to run.

Case status

Current stage
Decided
Latest event
Decision released Feb 26, 2020
Case Accepted
Arguments
Decision ReleasedFeb 26, 2020
What it's about

This case asked when the three-year deadline for bringing an ERISA fiduciary-breach claim begins to run. The Court held that a plaintiff does not have the required "actual knowledge" just because plan disclosures were made available to him if he did not read them or cannot remember reading them.

Question presented

Whether the three-year limitations period in Section 413(2) of the Employee Retirement Income Security Act, 29 U.S.C. 1113(2), which runs from "the earliest date on which the plaintiff had actual knowledge of the breach or violation," bars suit where all of the relevant information was disclosed to the plaintiff by the defendants more than three years before the plaintiff filed the complaint, but the plaintiff chose not to read or could not recall having read the information.

Case path

United States Court of Appeals for the Ninth Circuit / Decision released Feb 26, 2020

Area

Decided Supreme Court case

Timing

Decided February 26, 2020

The Court released its decision on February 26, 2020 without hearing oral argument.