PRT Lawsuit Against AT&T Dismissed

A federal judge dismissed a pension risk transfer case against AT&T but found that the plaintiffs did have standing to sue.In Piercy et al v. AT&T Inc. et al, U.S. District Judge Nathaniel Gorton, presiding in U.S. District Court for the District of Massachusetts, accepted a magistrate judge’s opinion from last month that found the plaintiffs did have standing to sue, but encouraged the court to dismiss the case on other grounds.Though the case was dismissed, the plaintiffs have filed a motion to amend thei ...