Opinion Summary: Cunningham v. Cornell University | Date Decided: 4/17/25 | Case No. 23-1007

The question presented is: Whether a plaintiff can state a claim by alleging that a plan fiduciary engaged in a transaction constituting a furnishing of goods, services, or facilities between the plan and a party in interest, as proscribed by 29 U.S.C. § 1106(a)(1)(C), or whether a plaintiff must plead and prove additional elements and facts not contained in the provision's text.

The Supreme Court held: To state a claim under §1106(a)(1)(C), a plaintiff need only plausi­bly allege the elements contained in that provision itself, without ad­dressing potential §1108 exemptions.