Skip Navigation

February 17, 2010, Featured Articles, Regulations/Legal

Robin Hood or Just Robbin’?

By Kerry Pechter   Sat, Jan 02, 2010

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.


We look forward to sharing this valuable article with you! Subscribers may Log In below.

For group discounts, licensing, and reprints, contact kerry.pechter@retirementincomejournal.com.

 

 

Forget your subscriber password? It's easy to reset here: Reset your password.