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Plaintiffs' Pension Risk Transfer Claims Don't Stand: Verizon Scores Sweeping Dismissal, and DOL Urges Same Fate for Lockheed
Thompson Hine 
Jan. 13, 2026 "Since the first quarter of 2024, 10 plan sponsors (along with named and independent fiduciaries) have been sued in 13 putative class actions challenging pension risk transfers (PRTs),... Notwithstanding that 2025 brought significant activity in the PRT market, only one of the 13 class actions ... was filed during 2025. It could be that plaintiffs' firms are waiting to see whether the initial claims are successful, at least in getting past motions to dismiss, and so far, the answer is trending more 'no' than 'yes'." MORE >> |
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