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Auction Rate Securities Fraud

 

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UPDATED CASE INFO

Federal Court Certifies Nationwide Class Action Against Allianz Life Insurance Company of North America -- Nygaard Law Firm Appointed Class Counsel

 

The Nygaard Law Firm Appointed Co-lead Counsel in Kinder Morgan LBO Class Action

 

 

The Nygaard Law Firm has served as class counsel in many cases involving investment, consumer or insurance fraud, including: Arbtin, et al. v. American Family Life, Case No. 2:98-cv-00526-WEC, co-lead counsel in Kippes, et al. v, Knights of Columbus et al.; Case No. 00-C-969, District Court, Sedgwick County, KS; Civil Action No. 96-C-4789, and related cases, (settled for $23,000,000 on behalf of a class of policyholders sold "vanishing premium" policies;) In Re Lutheran Brotherhood Variable Insurance Products Co. Sales Practices Litigation, Case No. 99MDL 1309 PAM/JGL; (settled for $40,000,000 on behalf of policyholders sold life insurance as investments and vanishing premium policies;) McCallup, et al. v. Metropolitan Life Insurance Co., U.S.D.C., S.D.N.Y., No. 01-CV-2090, (case settled for $125,000,000 on behalf of minorities to whom high cost life insurance was sold); In Re Industrial Life Insurance Litigation, MDL No. 1371 & 1382; (settled for $80,000,000 on behalf of minorities to whom high cost life insurance was sold).

The firm also represented a class of employees of Sprint/Nextel in an ERISA class action, In Re Sprint Corporation ERISA Litigation, U.S.D.C., D. of KS., Case No. 2:03-CV-02202-JWL.

The firm has won several million dollar-plus cases:

Donald R. Kippes et al. vs. Knights of Columbus et al., In The Eighteenth Judicial District, District Court, Sedgwick County, Kansas, Case No.  00 C0969, 2001 $23 million settlement for a case of fraud against a  Catholic-related investment services company.

Rinehart v. BethanyMedicalCenter, et al., Clay County Circuit  Court, $1.5 million settlement in medical malpractice case for nine year-old  girl.

Hoffman v. Hoffman-LaRoche, Johnson County District Court, Kansas,  1994 $5 million settlement involving accutane.

Wellington, et al. v. Rodger Parker and Kemper Securities, 1995.  $2.2 million arbitration awards and settlements for securities fraud committed  by broker.

Brown et al. v. Phoenix Home Life, 1998. $1.6 million settlement  for a group of AT&T employees defrauded by an insurance agent.

Ireton et. al. v. American Family, United States District Court for  the Eastern District of Wisconsin, Case No. 97-C-1184 $75 million settlement for sales of "vanishing premium" life insurance policies.

Arbtin et. al. v. American Family, In The United States District  Court For The District Of Kansas, Case No. 98-4045-SAC Companion cases settled  for individual policy holders.

Robert and Nancy Simpson et al. vs. New England Mutual Life Ins.  Co., U.S. District Court for the Western District of Missouri Case No.: 98-1190-CV-W-1 $200 million settlement for misleading sales of life insurance  products to a class of all American policy holders.

Stapp v. Logan & Kilp, NASD Arbitration No. 03-01113, Sales of Investments in Mutual Funds

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