February 02, 2012
A Michigan federal judge on Thursday pared a suit accusing Jackson National Life Insurance Co. of fraud tied to Diversified Lending Group Inc.'s alleged $220 million Ponzi scheme, ruling the suit failed to allege the insurer had directly made misstatements to investors.
March 07, 2011
Investors on Friday hit Jackson National Life Insurance Co. with another suit in Michigan, accusing the insurer of playing a major role in Diversified Lending Group Inc.'s alleged $220 million Ponzi scheme.