AT&T’s Athene Pension Transfer: State Street Must Answer—But the Sponsor Gets Out

By Christopher B. Tobe | The CommonSense 401k Project Some accountability has survived in the AT&T pension risk transfer litigation. On September 28, 2026, Judge Nathaniel Gorton dismissed the claims against AT&T while allowing a prudence claim against State Street to proceed. The litigation concerns AT&T’s $8.05 billion transfer of pension obligations to Athene in … Continue reading AT&T’s Athene Pension Transfer: State Street Must Answer—But the Sponsor Gets Out