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Butler National Corporation et al v. Union Central Life Insurance Company
Case Number:
1:12-cv-00177
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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April 28, 2014
Union Central's $2.25M Deal OK'd In Pay-To-Play Row
An Ohio federal judge on Monday tentatively greenlighted The Union Central Life Insurance Co.'s $2.25 million deal to settle a proposed class action alleging the company's revenue sharing agreements with mutual funds constitute kickback, pay-to-play deals that harm retirement plan customers.
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March 05, 2012
Class Action Says Union Central Runs Pay-To-Play Deals
Butler National Corp. and C3 Capital LLC launched a putative class action against The Union Central Life Insurance Co. in Ohio on Thursday alleging the company's revenue sharing agreements with mutual funds constitute kickback, pay-to-play deals that harm retirement plan customers.