National Life Insurance Pyramid Scheme Investigation

03.04.2019

On February 28th, 2019, Girard Sharp attorneys filed a class action lawsuit against Premier Financial Alliance, National Life Insurance Company, and Life Insurance Company of the Southwest. The Plaintiffs allege that Premier Financial Group has been carrying out an unlawful pyramid scheme involving the sale of universal life insurance policies issued by National Life Group.

The alleged scheme is alleged to target Chinese, Vietnamese, and Filipino immigrants and their families, promising high returns from getting people to buy—and sell—life insurance policies.

If you believe you might be a victim of this alleged scheme, you may have a claim for relief. Protect your rights by speaking with a Girard Sharp public protection attorney (dial 866-981-4800) or by submitting your information below:

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Girard Sharp has earned national Tier 1 rankings for Mass Tort and Class Action Litigation and has been named to the U.S. News – Best Lawyers “Best Law Firms” list each year since 2013. Read about some of our results.

We have recovered over a billion dollars for our clients against some of the nation’s largest corporations, such as Raymond James, Peregrine Financial Group, Provident Royalties Inc., and OppenheimerFunds, in cases involving pyramid schemes, Ponzi schemes, and other unfair and deceptive practices.

For a free consultation about your potential claims, contact one of our public protection attorneys at (866) 981-4800 or fill out the form toward the top of this page.

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