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International Brotherhood of Teamsters, Chauffeurs, Warehousemen and Helpers of America v. Daniel
United States Supreme Court
439 U.S. 551 (1979)
The International Brotherhood of Teamsters, Chauffeurs, Warehousemen and Helpers of America (Teamsters) (defendant) negotiated a collective bargaining agreement with several employers, in which said employers would pay into a pension fund for their respective employees. Employees were then entered into a compulsory pension fund, which the employers paid into each week. After twenty years of continuous service, employees were eligible for payouts from their pension. Daniel (plaintiff) was an employee for one of the employers that had negotiated with the Teamsters regarding this arrangement. After a dispute as to whether his employment was continuous for twenty years, Daniel brought suit against the Teamsters for failing to inform him of all the material facts regarding the plan, in violation of Securities Act of 1933. The district court ruled in favor of Daniel. The Teamsters appealed, with the Seventh Circuit Court of Appeals affirming. The Teamsters then petitioned for certiorari to the United States Supreme Court.
Rule of Law
Holding and Reasoning (Powell, J.)
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