Monday, July 27, 2009

 

Class Status Denied In Suit Over Midland Annuities

A federal judge has declined to certify a class of fixed indexed annuity investors in a lawsuit alleging that Midland National Life Insurance Co. breached its contracts with certain annuity buyers by incorrectly determining index values used to calculate a portion of the proceeds...

Law360: Class Status Denied In Suit Over Midland Annuities (Subscription required)

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