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Ohio National fends off VA trail commission suit, others remain


Ohio National fends off VA trail commission suit, others remain
The insurer recently won a long-running case brought by several brokers, though it is fighting several other suits from broker-dealers.
April 26, 2021
Meanwhile, the insurer is fighting several other cases brought by broker-dealers.
Last month, a U.S. appeals court shot down a long-running case, upholding an earlier district-court decision to dismiss the claims. That suit, filed by brokers at LPL Financial, Next Financial Group, Securities America and ProEquities, alleged that Ohio National breached its contracts by ending the selling agreements. The brokers had argued that they were third-party beneficiaries of the agreements under Ohio state law, although the courts disagreed. ....

United States , Raymond James , Financial Group , Ohio National Financial Services Inc , Ohio National , Ohio National Financial Services , Next Financial Group , Securities America , Sixth Circuit , Kestra Financial , Somerset Securities , Commonwealth Financial Network , ஒன்றுபட்டது மாநிலங்களில் , ரேமஂட் ஜேம்ஸ் , நிதி குழு , ஓஹியோ தேசிய நிதி சேவைகள் இன்க் , ஓஹியோ தேசிய , ஓஹியோ தேசிய நிதி சேவைகள் , அடுத்தது நிதி குழு , பத்திரங்கள் அமெரிக்கா , ஆறாவது சுற்று , சோமர்செட் பத்திரங்கள் , காமன்வெல்த் நிதி வலைப்பின்னல் ,