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22 Mar 2011, 6:26 pm
Policemen's Annuity and Benefit Fund of Chicago later submitted a securities class action case claiming that because misleading statements were made during the review, investors ended up sustaining losses when the analyst reports revealed the truth. [read post]
23 Apr 2008, 7:08 am
Cravenho goes onto give a chilling real life example in a case involving "cash now pusher" Peachtree Settlement Funding. [read post]
6 Mar 2013, 6:49 am by Rebecca Shafer, J.D.
 To fund the periodic payments, the self-insured employer or the workers’ compensation insurer purchases an annuity from a life insurance company. [read post]
4 Jan 2015, 1:57 pm
The current purchase price of the annuity is $111,552.00; the aggregate amount of the transfer payments is $174,000.00. [read post]
8 Jan 2010, 8:41 am by structuredsettlements
One structured annuity company told this author today that it WILL NOT accept money to fund a structured attorney fee with one of its annuities in which the projected total payout is less than the premium paid to the company. [read post]
25 Oct 2008, 3:02 pm
Should structured settlement annuity recipients be concerned about the financial viability of structured settlement annuity providers? [read post]
6 Jul 2011, 1:43 pm
Weinstein in a decision dated June 24, 2011, found that the waiver was "sufficiently precise and explicit" to allow it to meet the test of validity and that the annuity funds should be paid to the estate and not to the ex-spouse. [read post]
14 Aug 2014, 5:57 am by Adam Weinstein
Hashemian also allegedly misrepresented the private placements and annuities to claimants by, for example, telling claimants that the REITs would provide safe and stable income while the other private placements and annuities would provide growth opportunities with minimal risk. [read post]
16 Sep 2014, 7:15 am by Adam Weinstein
FINRA found that each customer invested in the same fund, had the same subaccount allocation, and had the same rider selected. [read post]
3 Jul 2012, 10:09 am by S2KM Limited
For reasons never satisfactorily explained, the ELNY rehabilitation plan differentiated between ELNY's traditional life and annuity business and its single premium annuities individual annuities (SPIAs) including all ELNY structured settlement annuities. [read post]
17 Jan 2007, 7:52 am
  MassMutual will accept lock-ins through that date for cases to be funded not later than May 31, 2007. [read post]
23 Aug 2007, 9:45 am
In a separate S2KM audio interview (S2KM Podcast Tape 8), Rob and Ned discuss Single Claimant 468B Funds from multiple perspectives including taxation, administration and public policy. [read post]
3 Jan 2012, 1:24 pm by Bridget Crawford
Gender-distinct mortality tables and higher rates for coverage of women first appeared in annuity contracts used to fund lifetime financial support independent of or as a substitute for marital rights. [read post]
7 Sep 2010, 2:27 pm
In the most egregious cases that I have seen, the bank customer did not understand that the better yielding investments being recommended by the stockbroker were risky, uninsured products such as variable annuities and mutual funds. [read post]
19 Mar 2021, 11:00 am by Stoltmann Law Offices
The company was known for its variable annuities, which combine mutual funds within a “wrapper” of an insurance policy. [read post]
17 Oct 2014, 7:22 am by D. Daxton White
Chun directed the funds to a checking account of which he was the beneficiary that he opened in the customer’s name without the customer’s authorization or knowledge. [read post]