Dodgers owner sued over life insurance self-dealing
The suit says Delaware Life hid related-party exposure tied to Mark Walter and sold annuities without disclosing subpoenas, affecting tens of thousands of purchasers.
5 Articles
5 Articles
Mark Walter faces new class-action lawsuit which names Lakers, Dodgers
Mark Walter’s holding company said three weeks ago that nobody had claimed to be harmed by the way his insurers handled their money. On Wednesday, somebody did, in federal court, and the Lakers are written into the complaint. A proposed class action filed in Florida federal court names Walter, Delaware Life Insurance Company, Group 1001, […]
New class-action lawsuit against Mark Walter references Lakers sale
Lakers controlling owner Mark Walter is facing another legal challenge, and two of his most prominent sports properties have been pulled into the discussion. A proposed class-action lawsuit filed Wednesday in Florida federal court accuses Walter and several affiliated companies of understating how much policyholder-backed money was invested in businesses connected to him, according to […]
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