Insured’s Breach Of Contract, Bad Faith Suit Barred By Res Judicata, Judge Rules

(December 2, 2016, 2:05 PM EST) -- CAMDEN, N.J. — An insured’s breach of contract and bad faith lawsuit against a life insurance provider is barred by res judicata because the insured was a class member in a class action settlement against the insurer for the same claims he seeks to bring against the insurer in the instant action, a federal judge in New Jersey ruled Nov. 28 (Ipatios Karatzas v. Mass Mutual Financial Group, et al., No. 16-1302, D. N.J.; 2016 U.S. Dist. LEXIS 163455)....