What is Sale of Annuities?
Many insurance companies and national banks have joined forces to sell annuities to bank customers. Some of these annuity sales are based on fraudulent representations, inducing customers to purchase a product that will not perform as represented.
Our law firm has filed a number of class action lawsuits against national banks and major insurance companies for their combined fraudulent conduct in the sale of annuities. As a result of recent banking deregulation, banks are now allowed to sell insurance products to their customers, and in some instances, banks have combined with insurance companies to underwrite these products. As a result, some of these insurance products are being sold based on blatant misrepresentation, especially concerning the explanation of how these insurance products perform.
We continued to file these classes throughout the country in an effort to protect consumers from these fraudulent sales practices.
What can I do?
We enjoy a distinct national reputation for excellence in the area of consumer fraud litigation. This litigation includes individual cases as well as class actions that have been filed throughout the country.
If you feel you have a claim, our attorneys would like to talk to you. You may be entitled to compensation. Contact us today for a free, no-obligation legal consultation.