Judge Keeps $600M Funeral Fraud Suit Mostly Intact

Law360, New York (December 22, 2010, 5:36 PM EST) -- A federal judge has largely rejected requests by a litany of defendants to dismiss allegations related to an insurance fraud scheme that supposedly bilked consumers and funeral homes out of $600 million.

Judge E. Richard Webber of the U.S. District Court for the Eastern District of Missouri on Tuesday preserved much of the case levied against the owners of St. Louis-based National Prearranged Services Inc., their investment advisers and their general counsel.

The Cassity family, who owned NPS, also owned Texas-based Lincoln Memorial Life Insurance Co....
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