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TUTOR v. LINCOLN NATIONAL CORP. et al
Case Number:
2:17-cv-04150
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Ballard Spahr
- Barrack Rodos
- Duane Morris
- Faegre Drinker
- Friedman Kaplan
- Girard Sharp
- Milbank LLP
- Moskowitz Law Firm
- Sauder Schelkopf
- Susman Godfrey
- Troutman Pepper
Companies
Sectors & Industries:
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December 05, 2023
Private Equity Firm Can't Opt Out Of $110M Settlement Late
A Pennsylvania federal judge denied a private equity firm’s late bid to opt out of a nearly $110 million class action settlement over a life insurance company’s rate hikes, finding that accepting the firm’s bid, submitted six weeks after the opt-out deadline, would “render class action settlement opt-out deadlines meaningless.”
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October 06, 2023
Lincoln National To Pay $109M To Rate Increase Fund
Owners of more than 50,000 Lincoln National Corp. life insurance policies will split a pool of $109 million to settle claims that Lincoln imposed burdensome cost-of-insurance charges to force policy lapses and avoid paying benefits, a Pennsylvania federal court ruled.