August 15, 2009 – United States District Court for the Eastern District of Pennsylvania has just issued an order preliminarily approving a class settlement on behalf of nearly 400,000 equity indexed annuity policy holders. Final court approval is set for November of this year. John Hargrove is co-lead counsel for plaintiffs along with Philadelphia lawyers Jerome Marcus and Jonathan Auerbach. The settlement brings to an end nearly five years of litigation with Aviva the suitability of equity indexed annuities sold to senior citizens throughout the United States. For more details contact the firm.
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John R. Hargrove
Hargrove Pierson & Brown
“A Boca Raton Law Firm”
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