The recent ruling by Judge Margaret Garnett in the Southern District of New York marks a watershed moment for retirees challenging the safety and legality of Pension Risk Transfers (“PRTs”). In Doherty v. Bristol-Myers Squibb Co., No. 24-cv-06628 (S.D.N.Y. Sept. 29, 2025), the court refused to dismiss key claims against Bristol-Myers, its pension fiduciaries, and … Continue reading Big Win for Retirees as Pension Risk Transfer Case Against Bristol Myers, State Street, and Athene Proceeds