August 12, 2011
A Texas judge on Thursday closed the book on a putative class action accusing several life insurance companies of marketing an employee-defined benefit plan that was also an illegal tax shelter, ruling that a third amended complaint didn't cure deficiencies with their claims.
October 11, 2010
A putative class of plaintiffs accusing several life insurance companies of marketing an employee-defined benefit plan that was also an illegal tax shelter is urging a judge to reconsider claims against the companies that have twice been thrown out of court.
March 27, 2009
A federal judge has granted partial summary judgment to two of the life insurance companies embroiled in a nationwide putative class action, ruling that California plaintiffs, unlike plan sponsors from other states, can’t blame the insurers for selling retirement benefit plans that allegedly created illegal tax shelters.