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Category: Annuities Fraud

Sep 20, 2013 - Annuities by |

Massachusetts Mutual Life Insurance Company Deferred Annuities-Update on Prior Lawsuits

ATTORNEY NEWSLETTER A class action lawsuit was filed against Massachusetts Mutual Life Insurance Company in 2004 alleging that the company engaged in deceptive sales practices with respect to the sale of deferred annuities.  Massachusetts Mutual Life Insurance Company denied all claims in the complaint.  Massachusetts Mutual Life Insurance Company contended […]

Sep 20, 2013 - Annuities by |

Pacific Life Insurance Company Hit With Class Action Lawsuit Over Deferred Annuities Sales-Update on Prior Lawsuits

ATTORNEY NEWSLETTER Pacific Life Insurance Company was the target of a class action lawsuit related to sales of deferred annuities.  The 2005 lawsuit alleged that Pacific Life Insurance Company and its salespeople committed securities fraud because they failed to disclose that tax deferral advantages of its annuities products might be […]

Aug 7, 2013 - Annuities Fraud by |

Understanding Elder Financial Abuse

Elder financial abuse is a growing epidemic in the state and around the country, annuity fraud lawyers in California report. Unfortunately, many older people have no one to protect their well being, both physically and financially, and are often susceptible to outside parties who want to embezzle money, take over […]

Jun 8, 2013 - Annuities Fraud by |

American Equity Lawsuit

American Equity Sells Deferred Annuities to Seniors A financial elder abuse lawsuit was brought against American Equity: an investment and annuities company. The complaint alleged that American Equity unethically and fraudulently sold inappropriate deferred annuity policies to seniors. The lawsuit additionally alleges that American Equity marketed and solicited these seniors […]

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