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Midland National Life Insurance Company might have wrongfully sold deferred annuities to senior citizens.

Click here if you have had similar experiences as those affected by this investigation.

Investigation Source

Hagens Berman Sobol Shapiro LLP

1301 Fifth Avenue
Suite 2900
Seattle, WA 98101

Investigation Scope

Nationwide

Category Information

Investigation Topics

Misrepresentation
Investments
Unsuitable Investments
Deferred Annuities
Unsuitable Annuities

Product or Service

Annuities

Injury Type

Monetary Loss

Investigation Details

Investigation and pending class action lawsuit against Midland National Life Insurance Company, claiming Midland National Life engages in a scheme to reap profits by exploiting and preying on senior citizens.

The class action complaint states that Midland National knowingly sells deferred annuity products to senior citizens that would not mature until after the annuitant's life expectancy. The suit is asking the court to end what it claims are unfair, improper and unlawful practices and seeks damages caused by Midland National's actions.

Defendant Details

Name (Stock Symbol)	Brief Description
Midland National Life Insurance Company	Midland National Life Insurance Company sells life insurance and annuities.

Click here if you have had similar experiences as those affected by this investigation.

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