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U.S. Supreme Court Holds Unanimously that ERISA Plaintiffs Need Only Plausibly Allege Elements of Prohibited-Transaction Claim Without Addressing Affirmative Defenses

Summary by LexBlog
In Cunningham v. Cornell Univ., No. 23-1007, —S.Ct.—-, 2025 WL 1128943 (U.S. Apr. 17, 2025), the U.S. Supreme Court addressed the pleading standards for claims under the Employee Retirement Income Security Act of 1974 (ERISA), specifically focusing on prohibited transaction claims under 29 U.S.C. § 1106(a)(1)(C). The Court’s decision, delivered by Justice Sonia Sotomayor, clarified that plaintiffs need only plausibly allege the elements of a pro…
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LexBlog broke the news in on Friday, April 18, 2025.
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