Fireman's Fund retirees say company-sponsored financial education seminars led to loss of retirement savings. $36.8 million verdict. Marin County.
Over ten-year period, Fireman's Fund employees were introduced to financial advisors at company-sponsored financial education seminars. The advice of these financial advisors cost plaintiffs their retirement savings. Bench verdict against ING North America Insurance Corp. and Lion Connecticut Holdings, Inc, the parent companies of the now-defunct seminar company.
- Case Name: Beeson, et al., v. Fireman’s Fund Insurance Company, et al.
- Date of Verdict or Judgment: Friday, December 12, 2014
- Type of Case: Negligence