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Home / Opinion Digests / Long-term care class action settlement is fair and adequate (access required)

Long-term care class action settlement is fair and adequate (access required)

The settlement of a class action alleging that Genworth made false representations when offering contractual options to its long-term care policyholders and failed to disclose anticipated premium rate increases, was given final approval after a factual finding that it was fair and adequate. Background Plaintiffs initiated this class action, on behalf of themselves, and all others similarly ...