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Firm Receives Order Approving Annuity Class Action Settlement

December 18, 2009…The United States District Court for the Eastern District of Pennsylvania today entered a Final Order and Judgment approving a class action settlement on behalf of nearly 400,000 policyholders who purchased equity indexed annuities from American Investors Life Insurance and affiliated  companies.   John Hargrove of Hargrove Pierson & Brown, along with noted class action lawyers, Jerome Marcus and John Auerbach of the Philadelphia firm of Marcus and Auerbach, were lead counsel for the plaintiffs.  The confirmation and approval of the settlement brings to an end nearly six years of litigation regarding certain marketing and sales practices challenged by the class members.  For more information about the class action visit www.mdl1712settlement.com.

Post By:
John R. Hargrove
Hargrove Pierson & Brown
“A Boca Raton Law Firm”

jrh

2 Responses to “Firm Receives Order Approving Annuity Class Action Settlement”

  1. Joe Jedele says:

    Interesting point of view.Thanks for the post. – In Beverly Hills…they don’t throw their garbage away. They make it into television shows. – Woody Allen Born 1935

  2. Gund says:

    Welcome First time skipped here on your site, founde on Google.

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