Bristol-Myers retirees win round in lawsuit over $2B Athene annuity deal
October 8, 2025 by John Hilton
A lawsuit brought by former Bristol-Myers Squibb employees can continue, a New York judge ruled on Monday. Plaintiffs established a case that turning their pensions into Athene annuities pose a risk to their retirement earnings, the judge said.
The case is the second pension risk transfer ruling in as many weeks from New York federal courts.
Originally Posted at InsuranceNewsNet on Oct 2, 2025 by John Hilton.
Categories: Industry Articles
