Both firms, and many more, have been sued by employees in class action lawsuits over the PRT deals made with insurance ...

Related: Corporations are chugging ahead on deals to offload pension liabilities. Lawsuits aren't slowing them down.

A whistleblower suit alleging that Boeing Co., Lockheed Martin Corp., and other contractors improperly billed the US Defense ...

A lawsuit against Lockheed Martin over pension risk transfers it conducted with Athene will continue, whereas a similar lawsuit against Alcoa Corp. was dismissed.

The lawsuit alleges that Lockheed Martin used underperforming target-date funds with high fees in its 401(k) plans for the ...

Current and former employees of Lockheed Martin have sued the company and fiduciaries of three retirement plans, alleging the ...

The aerospace firm violated its fiduciary duties by using an in-house service provider and affiliated target date funds, ...

“Put simply,” he concluded, “because Plaintiffs never allege that Athene is substantially likely to fail — just that it is at a greater risk of failure than its competitors — they have failed to ...

The litigation push against companies that use annuities to remove workers from their pension plans intensified over the past week, as judges reached opposite conclusions in cases against Alcoa USA ...