• Class Decertification Denied in Action Involving Bonus Annuity Claims
  • March 23, 2009
  • Law Firm: Sutherland Asbill & Brennan LLP - Washington Office
  • In Mooney v. Allianz Life Ins. Co. of North America, No. 06-00545 (D. Minn.), Plaintiffs claimed that the insurer's marketing of deferred annuity products as providing an "up-front" or "immediate" bonus violates Minnesota's consumer protection statute, because the bonus is not available until annuitization.