Financial

Historic Jury Ruling Grants $211 Million to Life Insurance Policyholders in Major CNO Financial Overcharge Case

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Indianapolis, Ind. — A significant jury verdict has led to potential damages exceeding $211 million in a class action lawsuit involving CNO Financial Group, Inc. and CNO Services, LLC, centered on alleged overcharges to life insurance policyholders. The case, regarding “LifeTrend” policies issued by Conseco Life Insurance Company, a former subsidiary of CNO, was brought forth by around 2,000 policyholders. On June 18, 2025, jurors found in favor of lead plaintiffs William “Jeff” Burnett and Dr. Joe Camp, awarding them substantial damages for breach of contract. The jury employed a damages model that favored the … Read more

Thames Water Creditors Seek Shield from Environmental Regulations Amid Financial Turmoil

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LONDON, England — Creditors of Thames Water are seeking legal protection from various environmental regulations as the company struggles under significant debt. This move comes amid growing concerns about the utility’s financial stability and its ability to meet environmental standards mandated by the UK government. The utility, which provides water services to millions of customers across London and the Thames Valley, has become the largest water supplier in the United Kingdom. However, it is currently grappling with debts exceeding £14 billion ($17.4 billion), prompting creditors to request a review of regulatory obligations that they argue … Read more

New Brunswick Man Faces Second Trial on 19 Financial Crime Charges Amid Legal Complexity

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Moncton, Canada — A New Brunswick man is set to face trial again for 19 financial crimes later this year, after a previous trial ended in a mistrial. Daniel Bard, 60, will appear in Moncton provincial court for a four-week period beginning Sept. 15. He is charged with offenses that include fraud, theft, possession of property obtained through crime, and money laundering. Bard’s first trial commenced in April but concluded in June with a mistrial, occurring when his attorney withdrew due to health issues. On Tuesday, Bard appeared in court alongside his newly appointed lawyer, … Read more

From Stardom to Struggles: Antonio Brown Faces Financial Ruin and Legal Turmoil Amidst Bankruptcy Filing

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Pittsburgh, Pennsylvania — Antonio Brown, once hailed as one of the NFL’s premier wide receivers, finds himself at a crossroads defined by controversy and financial hardship. The 35-year-old’s fall from grace culminated in a bankruptcy filing earlier this year, raising pressing concerns about his financial viability and the mounting costs associated with several ongoing legal disputes. Throughout his decade-long career in the NFL, Brown amassed significant wealth, reportedly exceeding $80 million through contracts with teams like the Pittsburgh Steelers and the Tampa Bay Buccaneers. During his prime, he enjoyed substantial annual earnings, securing his place … Read more