Ohio National Trailing Commissions Litigation
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Reps Who Sold Ohio National GMIB Variable Annuities are “3rd Party Beneficiaries” Between ONL & Broker-Dealers, Judge Says
Reps Who Sold Ohio National GMIB Variable Annuities are “3rd Party Beneficiaries” Between ONL & Broker-Dealers, Judge Says

On June 28, 2019, Federal Magistrate Judge Stephanie Bowman rejected Ohio National Life’s request to dismiss the class action case against it based on ONL’s failure to make promised commission payments for variable annuities that have already been sold. In most lawsuits, the ...

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Recent Posts
  • Reps Who Sold Ohio National GMIB Variable Annuities are “3rd Party Beneficiaries” Between ONL & Broker-Dealers, Judge Says

    On June 28, 2019, Federal Magistrate Judge Stephanie Bowman rejected Ohio National Life’s request to dismiss the class action case against it based on ONL’s failure to make promised commission ...

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  • In Trail Commissions Case, Ohio National Moves Court for Quick Action on Contract Language but Literally Alters the Language of the Contract in its Argument

    Soon after we filed the first nationwide class action lawsuit against Ohio National on behalf of LPL representative Lance Browning in Ohio federal court, several other lawsuits were filed by ...

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  • Attorney David Meyer Quoted on Fate of Ohio National Variable Annuity Commissions Litigation

    As litigation unfolds over Ohio National Life’s policy changes to stop paying trailing commissions on GMIB variable annuities to the broker-dealers and advisors who sold them, questions remain as to ...

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  • Anger Grows Over Ohio National’s Termination of Commissions on Variable Annuity Contracts

    Owners of variable annuities from The Ohio National Life Insurance Company are stepping forward to express their anger about the Cincinnati-based insurance firm’s September 28th announcement that it ...

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  • Ohio National’s Chief Distribution Officer Laid off Two Weeks after Class Action Suit Filed

    Just two weeks after the class action lawsuit was filed against Ohio National for an alleged breach of commissions, the company announced it was laying off its Chief Distribution Officer. In addition, ...

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  • Who Will Suffer the Most Harm as a Result of Ohio National’s Decision to Unilaterally Stop Paying Advisors on Variable Annuities with Guaranteed Income Riders? The Customers, Of Course.

    Ohio Securities Attorneys Representing Financial Advisors Against Ohio National for Eliminating Trailing Commissions on Variable Annuities For the past 20 years, I have been handling invested-related ...

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