Allianz's Effort To Toss Annuity Claims Shut Down

Law360, New York (August 18, 2009, 6:29 PM EDT) -- A judge has rejected a request from Allianz Life Insurance Co. of North America to throw out claims in a class action alleging the company made misrepresentations in the sale of annuities, asserting that the company’s contentions have already been addressed and it is “pouring old wine into a new bottle.”

Judge Ann D. Montgomery issued the ruling Thursday in the U.S. District Court for the District of Minnesota, denying the company’s motion to strike claims brought by certain class members, who have not yet surrendered...
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