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Litigation

Nov. 4, 2014

Scammed insurance company workers to get $36.8 million, judge rules

Employees of a Novato-based insurance company should receive $36.8 million after being scammed into putting their retirement savings into phony investments, a Marin County judge has tentatively ruled.


By Saul Sugarman


Daily Journal Staff Writer


Employees of a Novato-based insurance company should receive $36.8 million after being scammed into putting their retirement savings into phony investments, a Marin County judge has tentatively ruled.


Wrapping up a bench trial for damages, Superior Court Judge Roy Chernus on Thursday tentatively ordered ING North America Insurance Corp. to pay off more than 30 current and former employees of Fireman&...

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