Both firms, and many more, have been sued by employees in class action lawsuits over the PRT deals made with insurance ...

The lawsuit alleges that Lockheed Martin used underperforming target-date funds with high fees in its 401(k) plans for the company’s own benefit. Lockheed Martin Corporation and its subsidiary ...

There’s been an uptick in 401(k) mismanagement lawsuits in the last year, and now Lockheed Martin is another firm being sued by current and former employees, alleging the aerospace and defense ...

Lockheed Martin on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike ...

A lawsuit against Lockheed Martin over pension risk transfers it conducted with Athene will continue, whereas a similar lawsuit against Alcoa Corp. was dismissed.

plans’ assets,” the lawsuit said. Plaintiffs accused Lockheed Martin of violating ERISA’s duty of prudence, due to the allegedly poor investment performance, and the duty of loyalty ...

Related: Corporations are chugging ahead on deals to offload pension liabilities. Lawsuits aren't slowing them down.

Lockheed Martin announced Monday that the U.S. Army had awarded it a contract worth nearly $5 billion to produce its next-generation long-range precision strike missile. The contract is worth up ...

Canadian Prime Minister Mark Carney on Tuesday said if his ruling Liberals won a general election on April 28, Ottawa would ...