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Fidelity's $6.25M False-Ad Class Deal Gets Green Light

By Daniel Siegal (November 18, 2014, 8:50 PM EST) -- A California judge on Tuesday granted final approval to Fidelity & Guaranty Life Insurance Co.'s agreement to raise interest rates or refund fees for roughly 67,000 current and former policyholders, in a $6.25 million deal to settle class claims that Fidelity falsely advertised its policies as investments....

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