a young man in suit in his office showing an insurance policy and pointing with a pen where the policyholder must to sign. Credit: nito/Adobe Stock Ameritas Life Insurance Sues Over $4M Policy From Allegedly 'Sham Trust'
This suit was surfaced by Law.com Radar. Read the complaint here.
July 08, 2022 at 02:19 PM
1 minute read
Cozen O'Connor filed a lawsuit on behalf of Ameritas Life Insurance Thursday in Delaware District Court over a $4 million life insurance policy allegedly filed by a 'sham trust.' The complaint targets Wilmington Trust, a subsidiary of M&T Bank Corp., for allegedly facilitating a stranger-originated life insurance (STOLI) scheme misrepresented as a policy filed on behalf of an elderly lady's insurance trust. Counsel have not yet appeared for the defendant. The case is 1:22-cv-00910, Ameritas Life Insurance Corp. v. Wilmington Trust N.A.
This suit was surfaced by Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Law.com Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector. Read the complaint here:
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