"The majority held that Thole and Smith do not have a sufficient stake in the outcome of the lawsuit because, win or lose, they would receive the same amount of monthly pension benefits from the plan.... The dissent disagreed with the majority's decision to distinguish the rights of defined-benefit plan participants and beneficiaries from the rights of those entitled to benefits from defined-contribution plans or grantor trusts.... The dissent also chided the majority for implying that a financial injury is necessary to establish Article III standing." [Thole v. U.S. Bank N.A., No. 17-1712 (S. Ct. Jun. 1, 2020)]  MORE >>