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INTEL CORP. INVESTMENT POLICY COMM. v. SULYMA 

Opinion of the Court 

funds were invested in stocks and alternative assets, id., at 
227, and referring him to other documents—called fund fact 
sheets—with  the  percentages  in  graphical  form.    See  29 
U. S. C.  §§1022,  1024(b)  (summary  plan  descriptions);  see 
also  App.  307  (June  2012  fact  sheet  for  his  401(k)  plan
fund); id., at 338 (June 2012 fact sheet for his retirement 
contribution plan fund); id., at 277–340 (other fact sheets
provided during his tenure at Intel).  Also in 2012, he re-
ceived e-mails directing him to annual disclosures that pe-
titioners provided for both his plans, which showed the un-
derlying funds’ return rates and again directed him to the 
NetBenefits  site  for  further  information.  See  29  CFR 
§2550.404a–5; see also App. 242–243 (retirement contribu-
tion  plan  annual  disclosure);  id.,  at  250–251  (401(k)  plan 
annual disclosure).

Petitioners submitted records showing that Sulyma vis-
ited  the  NetBenefits  site  repeatedly  during  his  employ-
ment.  Id.,  at  258–276.  But  he  testified  in  his  deposition 
that he did not “remember reviewing” the above disclosures 
during his tenure.  Id., at 175; see also id., at 183, 193, 196– 
197.  He also stated in a declaration that he was “unaware” 
while  working  at  Intel  “that  the  monies  that  [he]  had  in-
vested  through  the  Intel  retirement  plans  had  been  in-
vested in hedge funds or private equity.”  Id., at 212.  He 
recalled reviewing only account statements sent to him by 
mail, which directed him to the NetBenefits site and noted 
that  his  plans  were  invested  in  “short-term/other”  assets 
but did not specify which.  See, e.g., id., at 375. 

The  District  Court  granted  summary  judgment  to  peti-
tioners  under  §1113(2),  reasoning  that  “[i]t  would  be  im-
proper to allow Sulyma’s claims to survive merely because 
he did not look further into the disclosures made to him.” 
2017 WL 1217185, *9 (ND Cal., Mar. 31, 2017).  The Ninth