Kent Mason Quoted in Plansponsor.com Article on Judge’s Dismissal of AT&T Pension Risk Transfer Case
- Published Date: October 7, 2025
Davis & Harman Partner, Kent Mason, was quoted in a Plansponsor.com article titled, “Judge Dismisses AT&T PRT Case, Says Plaintiffs Have Standing,” where he noted the impact of the court’s findings that the plaintiffs’ had standing to bring suit on future pension risk transfer cases brought against plan sponsors.
The Plansponsor.com article discusses a federal judge’s ruling in Piercy et. al. v. AT&T Inc. et. al. accepting a magistrate judge’s recommendation that the plaintiffs had standing to sue but that the suit should be dismissed based on a failure to sufficiently plead an ERISA violation.
Kent Mason was quoted saying:
“The reason that this is bad news is that the cleanest way to have the PRT cases dismissed is on standing.” . . . “In this case, the court dismissed the case based on the insufficiency of the plaintiffs’ substantive claims. Not many courts do that, so losing on standing is not good [for plan sponsors].”
A link to the full article can be found here.
