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District Court Rules Retirees Have Standing to Challenge Bristol-Myers Pension Risk Transfer
Kantor & Kantor 
Oct. 8, 2025 "Defendants contended that plaintiffs have not missed a benefit and thus they have suffered no harm from the PRT.... The court further identified a separate basis for Article III standing, which was that the PRT diminished the value of their benefits. This was because 'the Athene transaction ejected Plaintiffs from the ambit of ERISA.' " [Doherty v. Bristol-Myers Squibb Co., No. 24-6628 (S.D.N.Y., Sep. 29, 2025)] MORE >> |
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