September 5, 1998 |
Nationwide Mutual Insurance Co. said it agreed to a $100-million settlement of claims that it misled customers who bought its life insurance policies. The agreement covers about 650,000 Nationwide policyholders involved in a class-action suit against the Columbus, Ohio-based insurer. Policyholders can apply to receive higher dividends, premium discounts or other benefits, Nationwide said. Nationwide, which is the sixth-largest U.S. property and casualty insurer and has about $68.
December 23, 2006
* Investors wronged by accounting fraud at Gemstar-TV Guide International Inc. will soon receive payments from an $83-million fund compiled by class-action lawsuits and regulators, the Securities and Exchange Commission said. The disbursement, approved in U.S. District Court, includes cash and stock from the Hollywood-based company, four of its former executives and auditor KPMG. * Belo Corp.
October 25, 2004
Today * National Assn. of Realtors reports on existing-home sales for September. * Ashland Inc. releases fourth-quarter earnings. * Third-quarter earnings expected from American Express Co., BellSouth Corp., Electronic Data Systems Corp., Kellogg Co. and Kimberly-Clark Corp. Tuesday * Conference Board releases results of its monthly survey on consumer confidence. * Sara Lee Corp. releases fourth-quarter earnings. * Third-quarter earnings expected from AK Steel Holding Corp., BP, DuPont Co.
August 19, 2001 |
For nearly a decade, variable annuities have been one of the hottest retirement savings products around--both in terms of sales and controversy. The controversy shows no sign of abating. But sales of variable annuities are plummeting as falling stock markets, increased attention from regulators and a flood of lawsuits by disgruntled annuity owners take their toll.
December 12, 2007 |
USC defensive tackle Sedrick Ellis was a unanimous selection to the Associated Press All-American team announced Tuesday. Arizona State kicker Thomas Weber, who played at Los Angeles Loyola High, and Arizona cornerback Antoine Cason, who played at Los Alamitos High, also were voted to the first team by a 12-member media panel. Times writers do not participate in the voting.