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August 02, 2004
Crack Equitable Life’s edifice with legal action
During the 1990s Equitable Life sold tens of thousands of new policies when it knew full well that its finances were in appalling shape. Along with other Equitable policyholders, many with profits-annuitants believe they were tricked into joining an unstable fund that was, in effect, insolvent.
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Posted by Tom Troceen