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Class Action Class Certification Best Interest Standard

A class action is a type of legal action where a representative individual or group of individuals can bring a claim on behalf of a larger group or class who share a common legal interest.
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Life and Annuity Series: Class Certified in an ERISA “Unreasonable Compensation” Case

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The Colorado federal court concluded last summer, in Teets v. Great-West Life & Ann. Ins. Co., that an insurer could be subject to ERISA liability for receiving unreasonable compensation in connection with a stable value...more

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