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Home / Verdicts & Settlements / Estate settles UDTP claim over annuity sale to 86-year-old (access required)

Estate settles UDTP claim over annuity sale to 86-year-old (access required)

The plaintiff alleged that independent contractor sales agents for the insurer called upon James P. McDermott, age 86, on Sept. 1, 2006, at his apartment in a retirement center, and induced him in one visit to surrender an existing annuity he owned issued by Company A, and to use the proceeds to purchase a replacement ...

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