Intel Corp. Investment Policy Committee v. Sulyma
2020 United States Supreme Court case / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Intel Corp. Investment Policy Committee v. Sulyma?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Intel Corp. Investment Policy Committee v. Sulyma, 589 U.S. ___ (2020), was a United States Supreme Court case. It decided that, for purposes of the requirement in the Employee Retirement Income Security Act of 1974 that plaintiffs with “actual knowledge” of an alleged fiduciary breach file suit within three years of gaining that knowledge, a plaintiff does not necessarily have “actual knowledge” of the information contained in disclosures that he receives but does not read or cannot recall reading.[1] This affirmed the decision of the United States Court of Appeals for the Ninth Circuit.
Quick Facts Intel Corp. Investment Policy Committee v. Sulyma, Argued December 4, 2019 Decided February 26, 2020 ...
Intel Corp. Investment Policy Committee v. Sulyma | |
---|---|
Argued December 4, 2019 Decided February 26, 2020 | |
Full case name | Intel Corporation Investment Policy Committee, et al., Petitioners v. Christopher M. Sulyma, Respondent |
Docket no. | 18-1116 |
Citations | 589 U.S. ___ (more) 140 S. Ct. 768; 206 L. Ed. 2d 103 |
Argument | Oral argument |
Opinion announcement | Opinion announcement |
Case history | |
Prior |
|
Holding | |
Under the requirement in the Employee Retirement Income Security Act of 1974 that plaintiffs with “actual knowledge” of an alleged fiduciary breach must file suit within three years of gaining that knowledge, a plaintiff does not necessarily have “actual knowledge” of the information contained in disclosures that he receives but does not read or cannot recall reading. Decision of the United States Court of Appeals for the Ninth Circuit Affirmed.[1] | |
Court membership | |
| |
Case opinion | |
Majority | Alito, joined by unanimous |
Laws applied | |
Employee Retirement Income Security Act of 1974 |
Close