Pharma Co., State Street Hit With Pension Annuity Suit <https://www.law360.com/insurance/articles/1876095?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-09-04&read_main=1&nlsidx=0&nlaidx=3> By Kellie Mejdrich Bristol-Myers Squibb retirees hit the pharmaceutical giant and its investment adviser, State Street, with a class action Tuesday in New York, alleging they breached their fiduciary duty to pensioners by converting pension benefits into annuity insurance contracts using a provider that wasn't the safest available. Complaint attached | Read full article » <https://www.law360.com/insurance/articles/1876095?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-09-04&read_more=1&nlsidx=0&nlaidx=3> | Save to favorites » <https://www.law360.com/insurance/articles/1876095?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-09-04&read_later=1&nlsidx=0&nlaidx=3>