Overview
Faegre Drinker is at the forefront of advising on annuity products. Our attorneys combine a deep understanding of the legal issues associated with annuity sales, practices and market conduct with an equally intimate knowledge of clients’ businesses, products and regulatory challenges — a function of decades of experience. We assist with all aspects of new product development; product documentation, disclosures, costs and administration; and claims practices, as well as M&A and other transactional matters. We also defend clients in high-stakes individual litigation, class actions and individual state and multistate regulatory examinations and investigations. We leverage the many legal tools in our arsenal to frequently achieve early dismissal or summary judgment, and we provide strong advocacy during trial, appeal and/or settlement negotiation. We defend federal and state law-based claims, including those involving sales practices, use of annuities in retirement plans, advertising fraud, RICO, unfair trade practices and agency misconduct.