Class Action

Danny Travis-BrownApril 13, 2022

Justin Sheldon served as counsel securing a $38.2 million settlement for a class action lawsuit that included more than 10,750 universal life insurance policy holders of Banner Life Insurance Co. and William Penn Life Insurance Co. The Plaintiffs in these class actions alleged that the companies unjustifiably increased the cost of insurance charges on the policies for the sole purpose of benefiting shareholders and clearing their near-term liabilities.

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