Defendants In 1 PRT Suit Win Dismissal For Lack Of Standing

( March 31, 2025, 12:05 PM EDT) -- WASHINGTON, D.C. — Defendants won one of the first two rulings on dismissal motions in a recent set of similar putative class Employee Retirement Income Security Act lawsuits challenging pension risk transfers (PRTs), with a District of Columbia federal judge on March 28 dismissing a case filed by Alcoa USA Corp. retirees on the grounds that they lack standing....

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