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Supreme Court: dismissal of lawsuit against American Skandia stands.

Publication: Best's Review
Publication Date: 01-APR-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Supreme Court: dismissal of lawsuit against American Skandia stands.(Companies)(American Skandia Life Assurance Corp.)(Brief Article)

Article Excerpt
The U.S. Supreme Court turned down the plaintiffs' request to review a lower court's ruling rejecting claims that Swedish insurer Skandia Group's former U.S. subsidiary misled consumers who bought the subsidiary's variable annuity products.

In Donovan vs. American Skandia Life Assurance Corp. et al., plaintiffs who purchased certain products...

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