Aviva Wants Annuity Class Members Barred From Pa. AG's Suit

Law360, Philadelphia (June 20, 2013, 4:21 PM EDT) -- Class members on the receiving end of a settlement worth up to $530 million as part of multidistrict litigation over fraudulently marketed annuities should be barred from getting restitution through a lawsuit being pursued by Pennsylvania’s attorney general, an Aviva PLC attorney told a federal judge Thursday.

In oral arguments before U.S. District Court Judge Mary McLaughlin in Philadelphia, an Aviva attorney said that while the Pennsylvania Office of Attorney General had attempted to characterize its suit in the state’s Commonwealth Court as an enforcement action,...
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