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...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Mooney v. Allianz Life Insurance Company of North America


Case Number

0:06-cv-00545

Court

Minnesota

Nature of Suit

Fraud or Truth-In-Lending

Judge

Ann D. Montgomery

Date Filed

February 9, 2006

Law Firms

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.