Standard Life Wins $162M To Cover Damage Control Payouts
By Bibeka Shrestha ( December 18, 2012, 3:23 PM EST) -- A U.K. appeals court ruled Tuesday that 11 insurers must cover the $162 million a Standard Life PLC unit paid to fend off potential lawsuits claiming it misled customers into investing into a pension fund with ties to risky asset-backed securities....
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