Jeffrey Cochran v. The Penn Mutual Life Ins., et al
Case Number:
20-13477
Court:
Nature of Suit:
3850 Securities, Commodities, Exchange
Companies
Sectors & Industries:
-
September 20, 2022
11th Circ. Denies Review Of Penn Mutual Client's Class Claims
The Eleventh Circuit denied an investor's bid for a panel rehearing over claims that Penn Mutual Life Insurance Co. and its investment firm subsidiary breached their fiduciary duties under Georgia law, affirming its prior ruling that the Securities Litigation Uniform Standards Act bars such claims from being brought as a class action.
-
May 31, 2022
11th Circ. Says SLUSA Bars Penn Mutual Client's Class Claims
The Eleventh Circuit on Tuesday refused to revive a Georgia investor's claims for breach of fiduciary duty against Penn Mutual Life Insurance Co. and its investment firm subsidiary for self-dealing, ruling that the Securities Litigation Uniform Standards Act bars such claims from being brought as a class action.
-
November 17, 2021
11th Circ. Judge Says Fed Law May Bar Investor's Class Case
An Eleventh Circuit judge appeared to reject a Georgia investor's argument Wednesday that his class claims for breach of fiduciary duty against an insurance company and its brokerage subsidiary are not precluded by federal securities law.