Saturday, July 19, 2008

Consumer Class Actions: Variable Annuities

Have you invested in variable annuities? Recently, the SEC, NASD and the New York Attorney General began to investigate insurance companies and brokerage firms for their alleged practices in handling variable annuities.

When insurance companies and brokers allow large investment houses to actively trade in and out of variable annuities it is the average investor that pays the price. This practice, known as "market timing," increases the cost to small investors, and takes profits that long-term investors hope to accumulate over time.

If you have invested in variable annuities and want to learn more about this situation, please complete and submit the form below to have your potential claim reviewed by an attorney.

Attorney Donald Grady, Jr.
Sheff Law Offices, P.C.
10 Tremont Street
Daniel Webster Suite
Boston, MA 02108
617-227-7000

Free Variable Annuities Consultation

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