Judge: Retirees In PRT Challenge Have Standing But Didn’t State Claims

( October 6, 2025, 11:05 AM EDT) -- BOSTON — Overruling objections from each party in a putative class action that is part of a wave of challenges to pension risk transfers (PRTs), a Massachusetts federal judge granted dismissal motions upon concluding that the plaintiff retirees narrowly have standing because of allegations that they “received an inferior financial benefit than that to which they were entitled” — but failed to state their claims....