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On March 14, 2016, United States District Judge Dean D. Pregerson (Central District of California) issued a 41-page opinion and Order granting class certification in Santomenno v. Transamerica Life Insurance Co.
The New Jersey law firm of Szaferman Lakind filed suit against TLIC and two (2) of its affiliates alleging that TLIC violated their fiduciary duties under ERISA by charging excessive fees and engaging in transactions expressly prohibited by ERISA.
