International Brotherhood of Teamsters, Chauffeurs, Warehousemen & Helpers of America v. Daniel

Decided January 16, 1979. Lewis Franklin Powell Jr. delivered the opinion of the Court.

Docket 77-753 · 439 U.S. 551 (1979) · Cited 536 times

Holding

The Securities Act and the Securities Exchange Act do not apply to a noncontributory, compulsory pension plan.

The Court’s statement of the holding, from the opinion’s syllabus. The syllabus is prepared by the Reporter of Decisions and is not part of the opinion of the Court — read the official opinion for authority.

How the Justices voted

Decided 8–0.

“Concurring” means agreeing with the outcome; any split shown is the Court’s judgment, not each Justice’s reasoning. Source: the Supreme Court Database (Spaeth et al.), Washington University.

Precedents cited

Supreme Court decisions this opinion relies on, ordered by how often it cites each. Cases in our collection link through; others are named.

• United Housing Foundation, Inc. v. Forman · 421 U.S. 837 (1975)
• Securities and Exchange Commission v. W. J. Howey Co. · 328 U.S. 293 (1946)
• Tcherepnin v. Knight · 389 U.S. 332 (1967)
• Ernst & Ernst v. Hochfelder · 425 U.S. 185 (1976)
• Blue Chip Stamps v. Manor Drug Stores · 421 U.S. 723 (1975)
• Boys Markets, Inc. v. Retail Clerks Union, Local 770 · 398 U.S. 235 (1970)
• Alabama Power Co. v. Davis · 431 U.S. 581 (1977)
• Califano v. Sanders · 430 U.S. 99 (1977)
• Udall v. Tallman · 380 U.S. 1 (1965)
• TSC Industries, Inc. v. Northway, Inc. · 426 U.S. 438 (1976)
• Santa Fe Industries, Inc. v. Green · 430 U.S. 462 (1977)
• Allied Structural Steel Co. v. Spannaus · 438 U.S. 234 (1978)
• Securities & Exchange Commission v. National Securities, Inc. · 393 U.S. 453 (1969)
• Piper v. Chris-Craft Industries, Inc. · 430 U.S. 1 (1977)
• Securities & Exchange Commission v. C. M. Joiner Leasing Corp. · 320 U.S. 344 (1943)
• Malone v. White Motor Corp. · 435 U.S. 497 (1978)
• Investment Company Institute v. Camp · 401 U.S. 617 (1971)
• Securities & Exchange Commission v. Sloan · 436 U.S. 103 (1978)
• United States v. National Association of Securities Dealers, Inc. · 422 U.S. 694 (1975)
• Securities & Exchange Commission v. Variable Annuity Life Insurance · 359 U.S. 65 (1959)
• Reliance Electric Co. v. Emerson Electric Co. · 404 U.S. 418 (1972)
• Saxbe v. Bustos · 419 U.S. 65 (1974)
• Securities & Exchange Commission v. United Benefit Life Insurance · 387 U.S. 202 (1967)

Cited by

Later Supreme Court opinions in our collection that cite this case.

• Landreth Timber Co. v. Landreth · 471 U.S. 681 (1985)
• Marine Bank v. Weaver · 455 U.S. 551 (1982)
• Cannon v. University of Chicago · 441 U.S. 677 (1979)
• United States v. Mitchell · 445 U.S. 535 (1980)
• Touche Ross & Co. v. Redington · 442 U.S. 560 (1979)
• Gladstone, Realtors v. Village of Bellwood · 441 U.S. 91 (1979)
• Herman & MacLean v. Huddleston · 459 U.S. 375 (1983)
• Southeastern Community College v. Davis · 442 U.S. 397 (1979)
• Hughes Aircraft Co. v. Jacobson · 525 U.S. 432 (1999)
• Reves v. Ernst & Young · 494 U.S. 56 (1990)

Official text

Read the official opinion (U.S. Reports, govinfo.gov)

Explore from here

Lewis Franklin Powell Jr.’s profile · All Supreme Court opinions · The Supreme Court

Source: Supreme Court of the United States, slip opinions (1979). Citation count from the Free Law Project’s CourtListener bulk data. Data last verified 2026-07-03. Informational only; verify against the primary source before relying. Not a consumer report (FCRA).