AT&T (T) Stock News: $177 Million Breach Settlement Approved, Pension Deal Pending

AT&T’s class action docket in 2026 runs through four groups: wireless customers exposed in the company’s two 2024 data breaches, retirees challenging pension calculations and a pension transfer, employees in Washington state, and people who say AT&T kept texting them after they asked it to stop, according to an OpenClassActions roundup dated October 21.
The largest case
The $177 million data breach settlement (MDL No. 3114, Northern District of Texas) received final approval on October 2, 2026. Payments are pending and no date has been announced. No AT&T settlement is currently open for new claims.
Pension cases
A proposed $184.1 million settlement in Scott v. AT&T, over allegedly outdated assumptions in joint-and-survivor annuities, is waiting on court approval. In Piercy v. AT&T, which challenged an $8.05 billion pension risk transfer to Athene, the court dismissed AT&T on September 28, 2026; a claim against State Street continues.
New filing
Griffin v. AT&T Services, filed September 28 in the Southern District of Florida, alleges texts were sent after customers replied STOP. It is an unproven complaint at this stage.
What to watch
For readers following T, the breach settlement is already reserved for in prior financial statements; the pension settlement, if approved, is the next cost to look for in the quarterly filing. Neither changes the company’s operating story, which remains wireless and fiber subscriber growth and debt reduction.
Read the full case page on OpenClassActions.
Published October 21, 2026. Informational reporting, not legal or investment advice. TickerPosts and OpenClassActions.com share a founder. Settlements resolve claims without an admission of wrongdoing, and allegations in pending lawsuits are unproven.