US EditionCunningham v. Cornell University
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Cunningham v. Cornell University
On April 17, 2025, the U.S. Supreme Court issued a unanimous opinion on the requirements for plaintiffs to survive a motion to dismiss regarding an allegation that plan fiduciaries engaged in a prohibited transaction under the Employee Retirement Income Security Act of 1974 (“ERISA”). Cunningham v. Cornell University, 23-1007 (U.S. 2025). The case involves the interplay between the prohibited transaction section of ERISA (Section 406) and the p…
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