Ohio National Facing New Lawsuit Over Trail Comp Cut
March 13, 2019 by John Hilton
A new lawsuit was filed Monday challenging Ohio National’s decision to stop paying trail commissions on certain variable annuity contracts.
Stephen K. Cook, an investment advisor representative with Triad Advisors, a Dallas, Texas broker-dealer, filed the class-action lawsuit in U.S. District Court for the Southern District of Ohio. Ohio National faces several lawsuits over its September decision to stop paying trails.
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