Retirees Urge Denial Of Dismissal Motion In ERISA Pension Risk Transfer Case

(May 30, 2024, 1:12 PM EDT) -- GREENBELT, Md. — Calling Thole v. U.S. Bank. N.A. “entirely distinguishable,” Lockheed Martin Corp. retirees urged a Maryland federal court to deny dismissal of their suit, which is one of a quartet of similar recent putative class actions challenging pension risk transfers (PRTs) under the Employee Retirement Income Security Act....