October Term 2014 · Docket 13-550
Does a six-year limit bar claims about old fund choices?
Retirees argue a six-year limit blocks claims about old fund choices. Edison argues the limit bars those claims.
Verified source milestones
- — An official oral-argument transcript was verified.
- — An official oral-argument transcript was verified.
The arguments, in order
This case may have been argued more than once. Each entry below uses that session's official transcript. Later arguments do not erase earlier ones.
Argument 1 ·
What happened at the argument
David Frederick argued the time limit does not bar old claims.
Ms. Hacker argued the institutional share class matters.
Ms. Saharsky argued only one issue is before the Court.
Mr. Hacker argued the Court should dismiss the case.
Read the official transcript for this argument · Official argument details
Sources used for this argument breakdown
- Official Supreme Court Transcript — file page 10, lines 5-17 — Transcript, file page 10, lines 5-17
- Official Supreme Court Transcript — file page 11, lines 45-17 — Transcript, file page 11, lines 45-17
- Official Supreme Court Transcript — file page 12, lines 39-47 — Transcript, file page 12, lines 39-47
- Official Supreme Court Transcript — file page 13, lines 9-33 — Transcript, file page 13, lines 9-33
- Official Supreme Court Transcript — file page 17, lines 13-49 — Transcript, file page 17, lines 13-49
- Official Supreme Court Transcript — file page 27, lines 3-17 — Transcript, file page 27, lines 3-17
- Official Supreme Court Transcript — file page 3, lines 17-41 — Transcript, file page 3, lines 17-41
- Official Supreme Court Transcript — file page 3, lines 43-13 — Transcript, file page 3, lines 43-13
- Official Supreme Court Transcript — file page 3, lines 7-15 — Transcript, file page 3, lines 7-15
- Official Supreme Court Transcript — file page 36, lines 19-19 — Transcript, file page 36, lines 19-19
- Official Supreme Court Transcript — file page 4, lines 49-5 — Transcript, file page 4, lines 49-5
- Official Supreme Court Transcript — file page 5, lines 27-31 — Transcript, file page 5, lines 27-31
- Official Supreme Court Transcript — file page 53, lines 43-13 — Transcript, file page 53, lines 43-13
- Official Supreme Court Transcript — file page 54, lines 15-35 — Transcript, file page 54, lines 15-35
- Official Supreme Court Transcript — file page 55, lines 45-33 — Transcript, file page 55, lines 45-33
- Official Supreme Court Transcript — file page 56, lines 35-43 — Transcript, file page 56, lines 35-43
- Official Supreme Court Transcript — file page 57, lines 9-13 — Transcript, file page 57, lines 9-13
- Official Supreme Court Transcript — file page 58, lines 11-15 — Transcript, file page 58, lines 11-15
- Official Supreme Court Transcript — file page 58, lines 27-37 — Transcript, file page 58, lines 27-37
- Official Supreme Court Transcript — file page 58, lines 41-45 — Transcript, file page 58, lines 41-45
- Official Supreme Court Transcript — file page 59, lines 27-29 — Transcript, file page 59, lines 27-29
- Official Supreme Court Transcript — file page 6, lines 45-3 — Transcript, file page 6, lines 45-3
- Official Supreme Court Transcript — file page 6, lines 9-15 — Transcript, file page 6, lines 9-15
- Official Supreme Court Transcript — file page 7, lines 47-13 — Transcript, file page 7, lines 47-13
- Official Supreme Court Transcript — file page 9, lines 17-25 — Transcript, file page 9, lines 17-25
- Official Supreme Court Transcript — file page 9, lines 29-35 — Transcript, file page 9, lines 29-35
A citizen's guide to the whole case
What this case is about
This case tests the time limit for suing over old fund choices. Retirees want to sue over funds added years ago. Edison wants the court to dismiss the case.
Official sources for this section
- Official Supreme Court Transcript — file page 17, lines 13-49 — Transcript, file page 17, lines 13-49
- Official Supreme Court Transcript — file page 27, lines 3-17 — Transcript, file page 27, lines 3-17
- Official Supreme Court Transcript — file page 3, lines 17-41 — Transcript, file page 3, lines 17-41
- Official Supreme Court Transcript — file page 36, lines 19-19 — Transcript, file page 36, lines 19-19
- Official Supreme Court Transcript — file page 54, lines 15-35 — Transcript, file page 54, lines 15-35
- Official Supreme Court Transcript — file page 55, lines 45-33 — Transcript, file page 55, lines 45-33
How the case got here
The Supreme Court heard oral argument in this case on February 24, 2015.
Official sources for this section
- Official Supreme Court Transcript — file page 3, lines 7-15 — Transcript, file page 3, lines 7-15
- Official Supreme Court Transcript — file page 59, lines 27-29 — Transcript, file page 59, lines 27-29
What each side wants
Retirees want to sue over funds added more than six years ago.
Edison wants the court to dismiss the case as too late.
Official sources for this section
- Official Supreme Court Transcript — file page 17, lines 13-49 — Transcript, file page 17, lines 13-49
- Official Supreme Court Transcript — file page 27, lines 3-17 — Transcript, file page 27, lines 3-17
- Official Supreme Court Transcript — file page 3, lines 17-41 — Transcript, file page 3, lines 17-41
- Official Supreme Court Transcript — file page 36, lines 19-19 — Transcript, file page 36, lines 19-19
- Official Supreme Court Transcript — file page 54, lines 15-35 — Transcript, file page 54, lines 15-35
- Official Supreme Court Transcript — file page 55, lines 45-33 — Transcript, file page 55, lines 45-33
What each side says
Retirees argue the time limit does not bar claims about old funds.
Edison argues the time limit bars claims about old funds.
Official sources for this section
- Official Supreme Court Transcript — file page 17, lines 13-49 — Transcript, file page 17, lines 13-49
- Official Supreme Court Transcript — file page 27, lines 3-17 — Transcript, file page 27, lines 3-17
- Official Supreme Court Transcript — file page 3, lines 17-41 — Transcript, file page 3, lines 17-41
- Official Supreme Court Transcript — file page 36, lines 19-19 — Transcript, file page 36, lines 19-19
- Official Supreme Court Transcript — file page 54, lines 15-35 — Transcript, file page 54, lines 15-35
- Official Supreme Court Transcript — file page 55, lines 45-33 — Transcript, file page 55, lines 45-33
What the justices asked
Justice Alito asked if a trustee can ignore old assets without new facts.
Justice Sotomayor asked if finding institutional funds counts as a changed circumstance.
Official sources for this section
- Official Supreme Court Transcript — file page 10, lines 5-17 — Transcript, file page 10, lines 5-17
- Official Supreme Court Transcript — file page 11, lines 45-17 — Transcript, file page 11, lines 45-17
- Official Supreme Court Transcript — file page 12, lines 39-47 — Transcript, file page 12, lines 39-47
- Official Supreme Court Transcript — file page 13, lines 9-33 — Transcript, file page 13, lines 9-33
- Official Supreme Court Transcript — file page 3, lines 43-13 — Transcript, file page 3, lines 43-13
- Official Supreme Court Transcript — file page 4, lines 49-5 — Transcript, file page 4, lines 49-5
- Official Supreme Court Transcript — file page 5, lines 27-31 — Transcript, file page 5, lines 27-31
- Official Supreme Court Transcript — file page 53, lines 43-13 — Transcript, file page 53, lines 43-13
- Official Supreme Court Transcript — file page 56, lines 35-43 — Transcript, file page 56, lines 35-43
- Official Supreme Court Transcript — file page 57, lines 9-13 — Transcript, file page 57, lines 9-13
- Official Supreme Court Transcript — file page 58, lines 11-15 — Transcript, file page 58, lines 11-15
- Official Supreme Court Transcript — file page 58, lines 27-37 — Transcript, file page 58, lines 27-37
- Official Supreme Court Transcript — file page 58, lines 41-45 — Transcript, file page 58, lines 41-45
- Official Supreme Court Transcript — file page 59, lines 27-29 — Transcript, file page 59, lines 27-29
- Official Supreme Court Transcript — file page 6, lines 45-3 — Transcript, file page 6, lines 45-3
- Official Supreme Court Transcript — file page 6, lines 9-15 — Transcript, file page 6, lines 9-15
- Official Supreme Court Transcript — file page 7, lines 47-13 — Transcript, file page 7, lines 47-13
- Official Supreme Court Transcript — file page 9, lines 17-25 — Transcript, file page 9, lines 17-25
- Official Supreme Court Transcript — file page 9, lines 29-35 — Transcript, file page 9, lines 29-35
Why it matters
This case defines when retirees can sue over old fund choices. It sets the deadline for challenging past investment decisions. It affects how long plan sponsors face legal risk.
Official sources for this section
- Official Supreme Court Transcript — file page 17, lines 13-49 — Transcript, file page 17, lines 13-49
- Official Supreme Court Transcript — file page 27, lines 3-17 — Transcript, file page 27, lines 3-17
- Official Supreme Court Transcript — file page 3, lines 17-41 — Transcript, file page 3, lines 17-41
- Official Supreme Court Transcript — file page 36, lines 19-19 — Transcript, file page 36, lines 19-19
- Official Supreme Court Transcript — file page 54, lines 15-35 — Transcript, file page 54, lines 15-35
- Official Supreme Court Transcript — file page 55, lines 45-33 — Transcript, file page 55, lines 45-33
What happens next
This article currently covers the argument record. Use the official docket link for later case activity.
Official sources for this section
- Official Supreme Court Transcript — file page 10, lines 5-17 — Transcript, file page 10, lines 5-17
- Official Supreme Court Transcript — file page 11, lines 45-17 — Transcript, file page 11, lines 45-17
- Official Supreme Court Transcript — file page 12, lines 39-47 — Transcript, file page 12, lines 39-47
- Official Supreme Court Transcript — file page 13, lines 9-33 — Transcript, file page 13, lines 9-33
- Official Supreme Court Transcript — file page 3, lines 43-13 — Transcript, file page 3, lines 43-13
- Official Supreme Court Transcript — file page 3, lines 7-15 — Transcript, file page 3, lines 7-15
- Official Supreme Court Transcript — file page 4, lines 49-5 — Transcript, file page 4, lines 49-5
- Official Supreme Court Transcript — file page 5, lines 27-31 — Transcript, file page 5, lines 27-31
- Official Supreme Court Transcript — file page 53, lines 43-13 — Transcript, file page 53, lines 43-13
- Official Supreme Court Transcript — file page 56, lines 35-43 — Transcript, file page 56, lines 35-43
- Official Supreme Court Transcript — file page 57, lines 9-13 — Transcript, file page 57, lines 9-13
- Official Supreme Court Transcript — file page 58, lines 11-15 — Transcript, file page 58, lines 11-15
- Official Supreme Court Transcript — file page 58, lines 27-37 — Transcript, file page 58, lines 27-37
- Official Supreme Court Transcript — file page 58, lines 41-45 — Transcript, file page 58, lines 41-45
- Official Supreme Court Transcript — file page 59, lines 27-29 — Transcript, file page 59, lines 27-29
- Official Supreme Court Transcript — file page 6, lines 45-3 — Transcript, file page 6, lines 45-3
- Official Supreme Court Transcript — file page 6, lines 9-15 — Transcript, file page 6, lines 9-15
- Official Supreme Court Transcript — file page 7, lines 47-13 — Transcript, file page 7, lines 47-13
- Official Supreme Court Transcript — file page 9, lines 17-25 — Transcript, file page 9, lines 17-25
- Official Supreme Court Transcript — file page 9, lines 29-35 — Transcript, file page 9, lines 29-35
Official Court provenance
Official docket and case history · Official Supreme Court oral-argument detail page
Title and summary sources
- Official Supreme Court Transcript — file page 17, lines 13-49 — Transcript, file page 17, lines 13-49
- Official Supreme Court Transcript — file page 27, lines 3-17 — Transcript, file page 27, lines 3-17
- Official Supreme Court Transcript — file page 3, lines 17-41 — Transcript, file page 3, lines 17-41
- Official Supreme Court Transcript — file page 36, lines 19-19 — Transcript, file page 36, lines 19-19
- Official Supreme Court Transcript — file page 54, lines 15-35 — Transcript, file page 54, lines 15-35
- Official Supreme Court Transcript — file page 55, lines 45-33 — Transcript, file page 55, lines 45-33
- Official Supreme Court Transcript — file page 17, lines 13-49 — Transcript, file page 17, lines 13-49
- Official Supreme Court Transcript — file page 27, lines 3-17 — Transcript, file page 27, lines 3-17
- Official Supreme Court Transcript — file page 3, lines 17-41 — Transcript, file page 3, lines 17-41
- Official Supreme Court Transcript — file page 36, lines 19-19 — Transcript, file page 36, lines 19-19
- Official Supreme Court Transcript — file page 54, lines 15-35 — Transcript, file page 54, lines 15-35
- Official Supreme Court Transcript — file page 55, lines 45-33 — Transcript, file page 55, lines 45-33
Revision history
- Revision 1 · Official Transcript ·
Correction: Rewritten to the concise citizen-facing editorial standard.
- Revision 2 · Official Transcript ·
Correction: Migrated to the dated official Court activity contract without model use.