February 17, 2010, Featured Articles, Regulations/Legal
Robin Hood or Just Robbin’?
Rhode Island attorney Robert Flanders said "stranger-originated annuity transactions" are perfectly legal.
While Western Reserve Life describes his client's “stranger-originated annuity transactions” as fraud, attorney Robert Flanders, a Harvard Law graduate and former Rhode Island Supreme Court Justice, says that Joseph Caramadre merely took fair advantage of a tempting loophole in certain variable annuity contracts.
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