Friday, June 29, 2007
Conseco to Record Additional Expense Related to Litigation Settlement
Conseco, Inc. announced today that it expects to record additional pre-tax expense of approximately $35 million in the quarter ending June 30, 2007, related to the proposed settlement in the class action litigation case referred to as "In Re Conseco Life Insurance Company Cost of Insurance Litigation." The Company had previously recorded pre-tax expense of approximately $215 million related to this litigation and proposed settlement.
Conseco to Record Additional Expense Related to Litigation Settlement
Source: PR Newswire
Conseco to Record Additional Expense Related to Litigation Settlement
Source: PR Newswire
Permalink posted by armandn @ 5:48 AM 
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