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Analysis

ERISA Suits Targeting Annuity Deals Could Escalate

By Kellie Mejdrich (April 26, 2024, 8:18 PM EDT) -- A quartet of lawsuits targeting employers who terminate their pension plans and exchange them for annuity insurance contracts could trigger a new wave of class action litigation if they gain traction, since hundreds of thousands of retirees have been subject to pension risk transfers in recent years, attorneys say....

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