March 07, 2014
Verizon Communications Inc. on Friday asked a Texas federal judge to dismiss again claims from a class of retirees who allege their savings were put at risk when the company transferred $7.4 billion in pension obligations to Prudential Insurance Co. of America.
June 25, 2013
A Texas federal judge on Monday dismissed a class action brought by Verizon Communications Inc. retirees, ruling that their legal claims against the telecommunications giant over its transfer of $7.4 billion in pension obligations to Prudential Insurance Co. of America were unclear.
March 29, 2013
A Texas federal judge on Thursday granted class certification to two sets of Verizon Communications Inc. retirees who sued the telecommunications company after it transferred billions in assets and part of its pension obligations to Prudential Insurance Co. of America.
December 07, 2012
A Texas federal judge on Friday denied the attempt by Verizon Communications Inc. retirement plan beneficiaries to block the telecommunications company's transfer of $7.5 billion in pension obligations to Prudential Insurance Co. of America.