Class-Action Lawsuit Focused on Pacific Life's Annuity Sales Moving Forward

Individuals and entities who purchased from Pacific Life Insurance Co. individual deferred variable annuity contracts or made an additional investment in a variable annuity that was placed in a tax-deferred retirement plan are expected to receive notices this week alerting them about a pending class-action lawsuit against the insurer and their rights as members of the class.

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Class-Action Lawsuit Focused on Pacific Life's Annuity Sales Moving Forward
Source: A.M. Best
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