If You Are The Current Or Former Trustee, Sponsor, Fiduciary, Or Administrator Of An Employee Pension Plan Covered By The Employee Retirement Income Security Act (“ERISA”) Subject To Internal Revenue Code Sections 401(A) Or 401(K), And If Hartford Life Insurance Company Has Acted As A Service Provider For The Plan At Any Time From November 14, 2003 Through March 1, 2010, You May Benefit From A Class Action Settlement.
A class action settlement (the “Settlement”) has been reached in a lawsuit filed against Hartford Life Insurance Company (Phones Plus, Inc. v. Hartford Life Insurance Company, No. 3:06-cv-01835) in the U.S. District Court for the District of Connecticut that reportedly claimed that Hartford Life breached its fiduciary duties under ERISA and engaged in prohibited transactions through “revenue sharing” arrangements with mutual fund companies, according to the Hartford Life Insurance ERISA class action settlement notice.
Hartford Life Insurance has agreed to pay a total of $13,775,000 in cash to settle the class action case.
For more information on the Hartford Life Insurance ERISA class action settlement,visit the Hartford Life Insurance class action settlement website:
www.hartfordretirementplansettlement.com
If You Have Thoughts About The Hartford Life Insurance Revenue Sharing ERISA Class Action Settlement, Share Your Settlement Thoughts Below.
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