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Article: BRIEFCASE.(Business)
- Article from:
- Daily News (Los Angeles, CA)
- Article date:
- February 11, 2005
CopyrightCOPYRIGHT 2005 Daily News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: - Staff and Wire Services
State says firms deceived seniors
State officials on Thursday sued several financial planning firms and their executives for more than $110 million, accusing them of bilking thousands of elderly Californians by conning them into making sometimes ill-advised investments.
The firms named as defendants in the lawsuit, filed in Los Angeles Superior Court, are Woodland Hills-based Family First Advanced Estate Planning, Family First Insurance Services, American Investors Life Insurance Co., Group Legal Services Inc. and attorney Thomas R. Lee of West Hills.
The lawsuit, brought by the offices of Attorney ...