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Legal News

: Lawyers and Settlements

Allianz Accused of Selling Unsuitable Annuities

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Minneapolis, MN: It has been a few years since Allianz Life Insurance Co. of North America was first accused of selling unsuitable annuities to clients. In that time, the insurance company has settled claims that it misled investors about Allianz annuities and Allianz bonuses. Several lawsuits were filed against Allianz, including lawsuits filed by the California Department of Insurance and the Attorney General of Minnesota.

Full post as published by Lawyers and Settlements on September 19, 2009 (boomark / email).

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