I got a letter today from Penn Mutual in regard to a class action lawsuit.
I just scanned stuff, but if I'm understanding right, they were sued for not distributing enough dividends. There appears to be at least $120 million in play for distributions, attorney fees and other fees.
Source of insurance-forums.net
I just scanned stuff, but if I'm understanding right, they were sued for not distributing enough dividends. There appears to be at least $120 million in play for distributions, attorney fees and other fees.
Comments
Post a Comment