Ex-employees are suing Verizon as well as State Street Global Advisors, which served as the “independent fiduciary” in ...
Ex-employees are suing Verizon, as well as State Street Global Advisors, which served as the “independent fiduciary” in putting together the deal to manage the pensions of 56,000 retirees.
Law firm Edward Stone is representing three former employers who allege Prudential and RGA group annuity contracts are not ...
A group of ex-Verizon employees filed the latest lawsuit challenging the efficacy of insurance companies managing pension ...
A $5.9 billion pension liabilities transfer Verizon made last year to Prudential and RGA is at the center of the latest ...
Verizon Communications Inc. was hit with a proposed class action Monday by retirees who say it improperly shifted pension ...
A new lawsuit alleges that pensions of 56,000 Verizon retirees have been exposed to greater risk after the plans were sold to ...
The lawsuit is related to New York-based Verizon’s purchase of group annuity contracts from Prudential Insurance Co. of America and RGA Reinsurance to transfer about $5.9 billion in pension plan ...
Another national employer has been sued for its decision to transfer its pension obligations to an insurance company — but a different one than had been challenged in suits thus far.
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