Lawsuit Claims Guggenheim Defrauded Insurance Buyers to Buy Baseball Team

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Guggenheim Partners, overseen by billionaire Mark Walter, is facing a lawsuit claiming it defrauded annuity investors by saddling an insurance affiliate with risky assets, and siphoning cash for purposes including Walter’s purchase of the Los Angeles Dodgers baseball team. The …

This post was syndicated from News – Insurance Journal. Click here to read the full text on the original website.

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Lawsuit Claims Guggenheim Defrauded Insurance Buyers to Buy Baseball Team

Share this post

Guggenheim Partners, overseen by billionaire Mark Walter, is facing a lawsuit claiming it defrauded annuity investors by saddling an insurance affiliate with risky assets, and siphoning cash for purposes including Walter’s purchase of the Los Angeles Dodgers baseball team. The …

This post was syndicated from News – Insurance Journal. Click here to read the full text on the original website.

Follow us on twitter @Insreporters

Also, Like us on facebook


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