Wednesday, May 10, 2006

 

Hartford Financial Settles Fraud Settles for $20 Million

State authorities in New York and Connecticut filed a $20 million settlement of civil fraud charges against Hartford Financial Services Group Inc., stemming from that company's secret payments to brokers who sold its annuities to pension plans in recent years.

Hartford Financial Settles Fraud Settles for $20 Million
Source: Wall Street Journal (subscription required)

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