Dismissal Recommended In Putative Class Suit Challenging PRTs With Athene

( September 3, 2025, 11:35 AM EDT) -- BOSTON — The tally on dismissal motions in a wave of putative class actions retirees have filed over pension risk transfers (PRTs) would stand at two granted, one denied if the recommendation of a Massachusetts federal magistrate judge were taken; among other things, the retirees allege that the use of offshore captive reinsurers makes annuity providers riskier....