Here Come the Suits
May 6, 2024 by Kerry Pechter
Close observers of the ‘Bermuda Triangle’ strategy weren’t surprised when class action lawsuits were filed against AT&T, State Street Global Advisors and Lockheed Market for their choice of Athene Annuity and Life as the annuity provider in a pension risk transfer deal. RIJ articles about Athene’s use of the strategy were cited in two of the lawsuits.
Click HERE to read the full story via RIJ
Originally Posted at Retirement Income Journal on April 2, 2024 by Kerry Pechter.
Categories: Industry Articles