Here Come the Suits

By Tue, Apr 2, 2024

Close observers of the 'Bermuda Triangle' strategy weren't surprised when class action lawsuits were filed against AT&T, State Street Global Advisors and Lockheed Market for their choice of Athene Annuity and Life as the annuity provider in a pension risk transfer deal. RIJ articles about Athene's use of the strategy were cited in two of the lawsuits.

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