Federal Judge Dismisses AT&T PRT Case
While the Massachusetts court dismissed the pension risk transfer case against AT&T, the plaintiffs still have standing to sue.
Tag: Athene
PRT Case Against Bristol-Myers Squibb to Proceed
A judge ruled that plaintiffs showed enough evidence of alleged ERISA violations resulting from the company offloading pension obligations to...
PRT Lawsuit Brought by Former GE Employees Dismissed
The lawsuit alleged that General Electric and related fiduciaries violated the Employee Retirement Income Security Act when they selected Athene...
Athene Names CEO and Several Senior Promotions
Apollo’s retirement services arm named Grant Kvalheim CEO and elevated Mike Downing and Sean Brennan to co-presidents of Athene USA.
2nd Lawsuit Filed Against AT&T Over PRT Deal
In two different cases, AT&T faces renewed scrutiny regarding a pension risk transfer arrangement made with Athene, while a lawsuit...
Former Pension Plan Participants Sue Lockheed Over Athene Risk Transfer
The lawsuit against Lockheed related to its PRT with Athene comes close on the heels of a similar suit against...
Why Almost Half the ‘Sandwich Generation’ is Delaying Retirement
Nearly one out of every two Americans between the ages of 40 and 59 are using retirement savings to support...