Litigation
Oct. 12, 2010
Some Cry Foul Over Farmers Settlement
Days after a $545 million settlement was announced that would resolve a nationwide class action against Farmers Group Inc., plaintiffs may have hit a snag: a lack of consensus on whether it benefits the class.
Daily Journal Staff Writer
Days after a $545 million settlement was announced that would resolve a long-standing nationwide class action against Farmers Group Inc. for alleged overcharges, the plaintiffs may have hit a snag: a lack of consensus as to whether the arrangement is a good deal for class members.
The disagreement centers on whether the defendants, including Farmers parent company Zurich Financial Se...
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