Federal Judge Reconsiders, Certifies Subclass In Life Insurance Payment Suit

Mealey's (January 31, 2018, 2:50 PM EST) -- PHILADELPHIA — A Pennsylvania federal judge on Jan. 29 reconsidered a denial of class certification in a lawsuit accusing Prudential Insurance Company of America of breaching its fiduciary duty by creating retained asset accounts in lieu of making one payment to the beneficiaries of life insurance policies and found that the subclass was sufficiently ascertainable and may be certified (Clark R. Huffman, et al. v. The Prudential Insurance Company of America, No. 10-5135, E.D. Pa., 2018 U.S. Dist. LEXIS 13665)....