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 ...

$2.1 billion in the bargaining plan and $267 million in the capital plan – filed a proposed class action lawsuit, Fezer et al v. Lockheed Martin Corporation et al, in the U.S. District Court of ...

The Harvard Crimson reported that assistant professor Dipak Panigrahy previously submitted an expert report exceeding 500 pages on behalf of plaintiffs in a class action lawsuit against Lockheed ...

Before markets opened, Lockheed said that CFO Jay Malave had advised the company he is "pursing other opportunities," and ...

Shares in defense contractor Lockheed Martin ( LMT -2.45%) declined by as much as 6% in early morning trading Thursday on the ...

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 ...

Last week, Lockheed Martin’s motion to dismiss was denied by the U.S. District Court for the District of Maryland, while Alcoa’s lawsuit against Athene was dismissed by the U.S. District Court ...

Over 20 people attended a Tuesday gathering to call for MGB to disassociate with Lockheed Martin CEO James Taiclet.

Health care workers and activists said Israel’s use of the defense contractor's weapons in Gaza flies in the face of what a ...

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

That lawsuit, Konya et al. vs. Lockheed Martin Corp., was filed in U.S. District Court in Baltimore in March 2024 and alleges the defense and aerospace company violated its ERISA fiduciary duties ...