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pre-paid funeral expense trust

Jul 17, 2019

Long ruling brings $102.1M award in prepaid funeral case

A federal judge on July 3 ordered a bank to pay more than $102 million in compensatory and punitive damages for its predecessor’s role in mismanaging a prepaid funeral expense trust. The case, now in its 10th year, previously went to trial in 2015, resulting in a $491 million verdict. But a federal appeals court […]

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