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Home / Opinion Digests / Tort – Conversion – Insurance Proceeds – Investment (access required)

Tort – Conversion – Insurance Proceeds – Investment (access required)

A widow who invested $25,000 in life insurance benefits with defendant, who allegedly promised her an annual return of at least 14 percent but failed to return any money to her, can sue for conversion, a Fairfax Circuit Court holds. This action probably would not lie at common law. The common law rule was the money ...

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