Insurer Escapes Class Action Over Inflated Stock Price

By Michelle Casady · May 30, 2018, 9:05 PM EDT

A Texas federal judge has tossed a putative class action alleging whole-life insurance seller Citizens Inc. artificially propped up its stock price through fraudulent sales practices, agreeing with a magistrate judge's...

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Documents

Case Information

Case Title

Gamboa v. Citizens, Inc. et al

Case Number

1:17-cv-00241

Court

Texas Western

Nature of Suit

Securities/Commodities

Date Filed

March 16, 2017