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

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

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

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

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

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

Participants in three Lockheed Martin Corp. retirement plans filed a proposed class action challenging the company’s decision ...

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 ...

Canadian Prime Minister Mark Carney on Tuesday said if his ruling Liberals won a general election on April 28, Ottawa would ...

Lockheed Martin shares sold off on Friday after it was announced that Boeing was awarded a U.S. Air Force contract to design, ...