Pensions
2nd Suit Filed Against AT&T’s 2023 PRT Deal
Selection of insurer Athene is again the focus in litigation over the telecom company's $8.05 billion pension risk transfer.
A federal judge dismissed a case that alleged Unilever misled investors by concealing a board resolution.
Investors can comment on the settlement until the court approval hearing, scheduled for October 11.
The pension fund accuses Aon of breach of contract, breach of fiduciary duty and negligence.
The airline agreed to pay $5 million to the Birmingham fire and police pension fund but denied any wrongdoing.
A federal judge rules that Goldman Sachs did not violate ERISA by offering proprietary mutual funds as options for its retirement plans.
Former Community Bank head Carrie Tolstedt has also been charged by the regulator.