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Verizon Sued Over $5.9 Billion Pension Risk Transfer Deal with Prudential
Treasury & Risk; registration may be required 
Jan. 9, 2025 "[I]nsurance company Prudential, which is managing the pensions, is not named as a defendant in the Verizon lawsuit. Plaintiffs are suing Verizon and State Street Global Advisors, which served as 'the independent fiduciary' in putting the deal together, according to the suit." [Dempsey v. Verizon Comm. Inc., No. 24-10004 (S.D.N.Y. complaint filed Dec. 30, 2024)] MORE >> |
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