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Class action firm eyes up Equitable policyholders
Published: 24/07/2008 03:30
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US class action firm Cohen, Milstein Hausfeld & Toll has announced it is considering acting on behalf of policy-holders who have suffered as a result of the collapse of mutual insurer Equitable Life. The announcement follows a report by the Parliamentary Ombudsman, which found that “a decade of regulatory failure” contributed to the company’s near-collapse and urged the Government to make payouts to those affected. Earlier this year, Cohen Milstein negotiated a £73.5m settlement on behalf of BA/Virgin UK passengers who were victims of fuel surcharge price fixing.
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