The allegations read: James ray was named in a customer complaint that asserted the following causes of action: breach of contract, breach of fiduciary duty, and negligence. The causes of action relate to claimant's allegation that respondent breached an agreement to compensate claimant for respondent's admitted mistake, regarding how an annuity would operate. Claimant further alleges that the annuity was solicited in 2008, but the annuity contract was not delivered to claimant until 2018, and the annuity features were misrepresented to claimant during the ten years of periodic reviews. Claimant also asserts that respondent agreed to pay claimant the sum of $159,000.00 in a pre-suit settlement, and that this action is to enforce that settlement.
