Banks Get Claims Cut From $600M Funeral Fraud Case

Law360, New York (September 12, 2012, 11:16 PM EDT) -- A Missouri federal judge on Tuesday trimmed claims against certain trustee banks in a dispute over an alleged insurance fraud scheme involving preneed funeral contracts that cost consumers and funeral homes $600 million, ruling the plaintiffs hadn't sufficiently shown the banks' involvement in the scheme.

U.S. District Judge E. Richard Webber threw out some claims accusing certain trustee banks of aiding and abetting an allegedly fraudulent scheme by the owners of a preneed funeral contracts service, saying the plaintiffs had not made adequate claims to show...
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Case Information

Case Title

Jo Ann Howard and Associates, P.C. et al v. Cassity et al


Case Number

4:09-cv-01252

Court

Missouri Eastern

Nature of Suit

Racketeer/Corrupt Organization

Judge

E. Richard Webber

Date Filed

August 6, 2009

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