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William F. McMurry - Lead Class Counsel Obtains $16.4 Million Settlement for Elderly Clients
Date:7/17/2008

r the Settlement.

American Equity agreed that Class Members who claim that an annuity sale was unsuitable or based on a misrepresentation, the Claimant will receive appropriate relief, which under the Settlement "shall include a full refund of premiums plus interest, the current policy value, modification of surrender charges, or other appropriate relief."

In addition, the Settlement provides that any Class Member who submits a claim form, and who was 79 or older when he or she purchased a deferred annuity from American Equity, will receive the opportunity to withdraw up to 25% of the policy value for each of the next four years, penalty free.

William F. McMurry served as Lead Class Counsel, along with other attorneys serving as co-counsel. Mr. McMurry has obtained several large verdicts in personal injury cases, including medical malpractice, legal malpractice, insurance fraud and serious automobile accident cases.

For more information about William F. McMurry visit http://www.courtroomlaw.com


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SOURCE Courtroomlaw.com
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