New York Federal Judge Deepens Standing Split In Series Of PRT Challenges

( September 30, 2025, 3:55 PM EDT) -- NEW YORK — Days after a different New York federal judge dismissed a similar pension risk transfer (PRT) complaint for lack of standing, a New York federal judge on Sept. 29 largely declined to dismiss a putative class case, ruling that retirees have standing because they sufficiently alleged that the PRT “created a substantial risk that Plaintiffs will not receive their benefits” and “diminished the value of Plaintiffs’ benefits.”...

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