No Harm Done In Payout Suit, Prudential Tells 7th Circ.

Law360, Chicago (April 9, 2012, 4:50 PM EDT) -- The Prudential Insurance Co. of America told the Seventh Circuit on Monday that a putative class action plaintiff hasn’t claimed an injury in her suit alleging Prudential invested life insurance payouts without proper disclosures, as the plaintiff fought to have the suit revived.

Plaintiff Zena Phillips, a beneficiary of a life insurance policy issued on behalf of her deceased fiance Michael S. Strang, is challenging an Illinois federal judge's dismissal of her suit alleging that Prudential breached the policy and a fiduciary duty by holding her...
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