Wells Fargo tentatively settled another federal lawsuit over what plaintiffs are calling a stranger-originated life insurance (STOLI) policy. U.S. District Judge Zahid N. Quraishi signed a 60-day ...
U.S. insurer Prudential Financial is investigating whether Wells Fargo employees signed up customers for its life insurance policies without their knowledge, a spokesman said on Saturday, Dec. 10.
A federal lawsuit over what plaintiffs are calling a stranger-originated life insurance (STOLI) policy will continue after a judge denied Wells Fargo's motion to apply New York law to the case.
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