Filed in June 2024, the lawsuit challenged the company’s decision to transfer pension obligations to Athene Annuity Life Co., arguing that it was not the “safest annuity choice” in the market. Judge ...

Another suit challenging the transfer of pension obligations to a third party has been dismissed, with a federal judge finding the lack of an imminent, specific harm sufficient to deny the plaintiffs ...

Plaintiffs established a case that turning their pensions into Athene annuities pose a risk to their retirement earnings, the judge said.

ST. PAUL, Minn. - Ed Stish is not living the carefree life he envisioned when he retired from a taconite mine in Keewatin, Minn., three years ago. Instead, he rises early and sets about growing ...