The Securities Litigation Expert Blog

Hedge Fund Variable Annuity Sub-Account Litigation

Posted by Jack Duval

Dec 7, 2012 4:47:13 AM

InvestmentNews is reporting on securities litigation involving variable annuities that offered hedge fund sub accounts.  (IN)

The hedge funds at issue were the Foresee Strategies Insurance Fund and the Foresee Strategies 3(c)(1) Insurance Fund LP, which were related to a group called the SALI Multi-Series Fund LP.  They were sold as part of SunLife variable annuities.

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Topics: FINRA, variable annuities, sub-accounts, litigation, investments, hedge funds

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