Friday, April 27, 2007
American Equity Targeted by Minnesota Attorney General
American Equity Investment Life Holding Company, today became the target of a lawsuit filed by the Attorney General of the State of Minnesota concerning sales of deferred annuity products to Minnesota residents. The suit was brought against AEL's primary operating subsidiary, American Equity Investment Life Insurance Company ("American Equity"). American Equity has a strong market conduct record in the State of Minnesota. American Equity had cooperated fully with the Attorney General's requests for information from the Company, and yet was denied any opportunity to discuss the Company, products or sales practices with the Minnesota Attorney General's office prior to the filing of its lawsuit. We strongly believe the allegations of the Attorney General are without merit.
American Equity Targeted by Minnesota Attorney General
Source: Yahoo! Finance
American Equity Targeted by Minnesota Attorney General
Source: Yahoo! Finance
Permalink posted by armandn @ 9:43 AM 
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