Madoff investment scandal

Curd, Galindo & Smith, LLP has Filed a Fraud and Breach of Fiduciary Duty Lawsuit against Claudia V. Walraven

Retrieved on: 
Tuesday, June 1, 2021
Common law, Equity, Fiduciary, Madoff investment scandal

LOS ANGELES, June 1, 2021 /PRNewswire-PRWeb/ -- Alex Galindo with Curd, Galindo & Smith, LLP on behalf of their client have filed the Fraud and Breach of Fiduciary Duty lawsuit against California real estate broker and asset manager for Kennedy Wilson , Claudia V. Walraven.

Key Points: 
  • LOS ANGELES, June 1, 2021 /PRNewswire-PRWeb/ -- Alex Galindo with Curd, Galindo & Smith, LLP on behalf of their client have filed the Fraud and Breach of Fiduciary Duty lawsuit against California real estate broker and asset manager for Kennedy Wilson , Claudia V. Walraven.
  • Court records show that the lawsuit was filed on May 21, 2021 with the Los Angeles Superior Court.
  • The complaint specifically identifies 11 total causes of action including the fraud and breach of fiduciary duty.
  • Mr. Galindo is a member of ABOTA which is an organization of attorneys representing both plaintiffs and defendants in civil cases.

MassMutual Completes Acquisition of Great American Life Insurance Company

Retrieved on: 
Friday, May 28, 2021
Insurance, Professional services, Financial services in the United States, Madoff investment scandal, MassMutual, Finance, Financial services, Empower Retirement, Barings LLC

Massachusetts Mutual Life Insurance Company (MassMutual) announced today the completion of the previously announced acquisition of American Financial Group, Inc.s (NYSE:AFG) wholly owned subsidiary, Great American Life Insurance Company (Great American Life), and other subsidiaries and affiliated entities, for a purchase price of approximately $3.5 billion.

Key Points: 
  • Massachusetts Mutual Life Insurance Company (MassMutual) announced today the completion of the previously announced acquisition of American Financial Group, Inc.s (NYSE:AFG) wholly owned subsidiary, Great American Life Insurance Company (Great American Life), and other subsidiaries and affiliated entities, for a purchase price of approximately $3.5 billion.
  • The acquisition includes Great American Life and its two insurance subsidiaries, Annuity Investors Life Insurance Company and Manhattan National Life Insurance Company, as well as a broker-dealer affiliate, Great American Advisors, Inc., and insurance distributor, AAG Insurance Agency, Inc. With the completion of this acquisition, MassMutual is among the top five individual annuity writers in the U.S.1
    Great American Life will operate as an independent subsidiary of MassMutual led by its current president, Mark Muething, who will report to Mike Fanning, head of MassMutual U.S. Its more than 600 employees will continue to support the business and remain headquartered in Cincinnati.
  • Fanning, who will oversee the Great American Life business added, Our goal is to ensure a seamless transition for Great American Lifes employees, clients and partners.
  • Great American Insurance Groups roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.

ARRY Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Array Technologies, Inc. Shareholders of Class Action and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, May 27, 2021
Legal, Professional services, Madoff investment scandal

Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/arry .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/arry .
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
  • The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements to the market.
  • or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.

ARRY Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Array Technologies, Inc. Shareholders of Class Action and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, May 25, 2021
Madoff investment scandal

Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/arry .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firms site: www.bgandg.com/arry .
  • This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
  • The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements to the market.
  • or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.

Valmark Financial Group Adds MassMutual To Its Line-Up Of Preferred Insurance Partners

Retrieved on: 
Tuesday, May 25, 2021
Madoff investment scandal, MassMutual, Types of insurance, Insurance, Life insurance, Financial services

AKRON, Ohio, May 25, 2021 /PRNewswire/ -- ValmarkFinancial Group today announced it would be adding Massachusetts Mutual Life Insurance Company ( MassMutual ) to its list of preferred insurance carrier partners.

Key Points: 
  • AKRON, Ohio, May 25, 2021 /PRNewswire/ -- ValmarkFinancial Group today announced it would be adding Massachusetts Mutual Life Insurance Company ( MassMutual ) to its list of preferred insurance carrier partners.
  • MassMutual's extensive product line-up will allow Valmark Member Firms more options when customizing unique solutions for their clients' needs.
  • MassMutual's decision to enter the independent distribution space allows select independent financial services firms like Valmark to now offer its insurance products.
  • "We are thrilled to partner with MassMutual as they establish a strategic distribution channel in the independent space," said Chris Bottaro, SVP, Insurance at Valmark Financial Group.

Eastbridge recognizes Assurity as the 2020 Voluntary Sales Growth Leader in the Small Carrier Category for the Third Year in a Row

Retrieved on: 
Tuesday, May 25, 2021
Business, Madoff investment scandal, MassMutual, Sales

Voluntary sales for 2020, 2019, and 2018 increased by 5%, 66%, and 54%, respectively, over the prior year.

Key Points: 
  • Voluntary sales for 2020, 2019, and 2018 increased by 5%, 66%, and 54%, respectively, over the prior year.
  • "Few small-size companies were able to achieve growth in a pandemic year and we acknowledge Equitable, Symetra, MassMutual, and 5Star Life in the small carrier category for achieving year over year sales growth.
  • "We're incredibly honored to have earned the title of Voluntary Sales Growth Leader from Eastbridge for a third consecutive year," said Jack Douglas, Assurity Vice President of Worksite Sales.
  • Each year after the U.S. Voluntary/Worksite Sales Reportis published, Eastbridge recognizes companies that exhibited stronger-than-average growth of voluntary sales for the past three years.

A new report identifies significant opportunity for Canadian construction firms to adopt innovation

Retrieved on: 
Tuesday, May 25, 2021
Amstelveen, KPMG, Madoff investment scandal, Ernst & Young, Companies, Service companies, Business

OTTAWA, ONand TORONTO, May 25, 2021 /CNW/ - A new report, Construction in a digital world , by the Canadian Construction Association (CCA) and KPMG in Canada, identifies significant opportunity for Canadian construction firms to adopt innovation.

Key Points: 
  • OTTAWA, ONand TORONTO, May 25, 2021 /CNW/ - A new report, Construction in a digital world , by the Canadian Construction Association (CCA) and KPMG in Canada, identifies significant opportunity for Canadian construction firms to adopt innovation.
  • As many as 75 per cent of construction firms surveyedbyCCA and KPMG rated their digital maturity as fairly low relative to their competitors, the report finds.
  • "Our survey reveals, however, that smaller and medium-sized firms are not yet capitalizing on the benefits technology can bring.
  • For many contractors, the low bid model simply does not allow for innovation or to invest in new technologies."

Reconnaissance Energy Africa Ltd. Investors: Company Investigated by the Portnoy Law Firm

Retrieved on: 
Tuesday, May 25, 2021
Corruption, Fraud, Securities fraud, Stock market, Deception, Crimes, Crime, Madoff investment scandal

LOS ANGELES, May 25, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Reconnaissance Energy Africa Ltd. ("ReconAfrica" or the "Company") (OTC: RECAF) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Key Points: 
  • LOS ANGELES, May 25, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Reconnaissance Energy Africa Ltd. ("ReconAfrica" or the "Company") (OTC: RECAF) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • The investigation focuses on whether ReconAfrica issued misleading and/or false statements and/or failed to disclose information pertinent to investors.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Haven Life launches Haven Disability, providing families with affordable short-term disability insurance

Retrieved on: 
Monday, May 24, 2021
Madoff investment scandal, MassMutual, Insurance, Disability, Financial services

Any financial services organization can contact Haven Life to easily integrate Haven Disability into their experience, enabling their customers to obtain convenient and credible short-term disability coverage.

Key Points: 
  • Any financial services organization can contact Haven Life to easily integrate Haven Disability into their experience, enabling their customers to obtain convenient and credible short-term disability coverage.
  • Haven Life Insurance Agency, LLC (Haven Life) is re-thinking how people financially protect the ones they love.
  • Haven Life is committed to delivering exceptional products, delightful purchasing experiences, and meaningful moments of service to the modern life insurance customer.
  • Haven Disability is a Disability Income Insurance policy (ICC20-HLSTDI-POL in certain states including North Carolina) issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001.

OFS Credit Company Provides April 2021 Net Asset Value Update

Retrieved on: 
Thursday, May 20, 2021
Finance, Public relations, Investor relations, Banking, Communications, Professional services, Amstelveen, KPMG, Madoff investment scandal, Portfolio investment, Economy

This estimate is not a comprehensive statement of our financial condition or results for the month ended April 30, 2021.

Key Points: 
  • This estimate is not a comprehensive statement of our financial condition or results for the month ended April 30, 2021.
  • This estimate did not undergo the Company\xe2\x80\x99s typical quarter-end financial closing procedures and was not approved by the Company\xe2\x80\x99s board of directors.
  • As a result, the fair value of the Company\xe2\x80\x99s portfolio investments may be materially impacted after April 30, 2021 by circumstances and events that are not yet known.
  • Accordingly, KPMG LLP does not express an opinion or any other form of assurance with respect thereto.\nOFS Credit is a non-diversified, externally managed closed-end management investment company.