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Badger et al v. Southern Farm Bureau Life Insurance Company
Case Number:
6:06-cv-00637
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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June 03, 2011
Insurer Southern Farm Loses Bid To Arbitrate Investor Suit
A Florida federal judge on Thursday denied Southern Farm Bureau Life Insurance Co.'s bid to arbitrate a group of shareholders' securities fraud and breach of contract suit claiming the insurer underpaid when it bought out the group's stake in the company.
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October 15, 2009
Southern Farm, Investors Take Dispute To 11th Circ.
A group of former investors in Southern Farm Bureau Life Insurance Co. who won a $31.7 million judgment in a derivative action against the company are appealing a district court's refusal to certify a shareholder class action in addition to the derivative suit, while Southern Farm is appealing the judgment.
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March 23, 2009
Jury Orders Southern Farm To Pay Shareholders $32M
A jury has awarded $31.7 million to a group of former investors in Southern Farm Bureau Life Insurance Co. after finding that the insurance company defrauded the investors out of money they should have received from an earlier settlement.