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    • Penn Mutual Beats Georgia Appeal Over Variable Annuity Advice

    June 7, 2022 by Jacklyn White

    Penn Mutual Life Insurance Co. and a subsidiary defeated an appeal claiming they improperly steered investors into expensive and unsuitable variable annuities, when the Eleventh Circuit ruled that federal securities law blocked the proposed class from claiming Georgia law violations.

    Click HERE to read the full story via Bloomberg Law

    Originally Posted at Bloomberg Law on June 1, 2022 by Jacklyn White.

    Categories: Industry Articles
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