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West Coast Life Adds Conspiracy Claims To Fraud Suit

Law360, New York (March 13, 2009) -- West Coast Life Insurance Co. on Thursday added civil conspiracy and several violations of Florida law to a complaint alleging that an investment company, several insurance brokers and individual policyholders engaged in an illegal stranger-owned life insurance scheme.

Park Venture Advisors LLC and a Delaware unit of Wells Fargo & Co. were also added to the amended complaint, which is being heard in the U.S. District Court for...

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