Last Week Tonight with John Oliver recently aired a segment on structured settlements. More specifically, the segment focused on the predatory nature of factoring companies that prey upon the recipients of structured settlements. While entertaining with its emphasis on the infuriatingly catchy Wentworth commercial jingles, Oliver exposes what he calls the “parasitic” nature of factoring […]
https://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpg00lisahttps://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpglisa2026-05-20 17:09:442026-05-20 17:17:33John Oliver on Structured Settlements
On May 20, 2026, reporting for NBC News, Gretchen Morgenson’s article entitled “She paid an insurance company $99,000 to generate retirement income for life. Then it collapsed.” dives into the impact of the rehabilitation and looming liquidation on PHL policyholders like Annie Benjamin, who put her retirement savings into a PHL annuity ten years ago. […]
Notices of Final Judgment were mailed out to class members on December 18, 2025. The Notices were also emailed to class members by Plaintiffs’ notice vendor, The BMC Group, Inc. If you are a class member and did not receive your Notice, please email Lisa Salmons at lisa@edwardstonelaw.com. The Notices have also been posted on […]
https://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpg00lisahttps://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpglisa2025-12-27 20:28:562026-05-20 17:12:06DuPont / Corteva Class Action – Notices of Final Judgment
Cockerill, et al. v. Corteva, Inc. DuPont Specialty Products USA, LLC, et al. (Case No. 21-cv-03966-MMB, E.D. Pa.). Defendants’ First Motion for a Stay of Enforcement – DENIED. On June 25, 2025, defendants filed a motion for stay of enforcement of the district court’s final judgment, pending appeal. Plaintiffs response to this motion was filed […]
Cockerill, et al. v. Corteva, Inc. DuPont Specialty Products USA, LLC, et al. (Case No. 21-cv-03966-MMB, E.D. Pa.) On March 19, 2025, as this litigation entered the final phase related to remedies for Plaintiffs, the defendants filed a Partial Motion to Dismiss and Motion to Decertify the Rule 23(b)(1) and (2) class action as to […]
https://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpg00lisahttps://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpglisa2025-04-22 14:39:332026-05-20 17:14:01Another Win for Plaintiffs in DuPont Retirement Case
On May 17, 2024, the Honorable Andrew N. Mais, the Insurance Commissioner of the State of Connecticut filed a petition seeking an order of rehabilitation of PHL Variable Insurance Company (“PHL”), Concord Re, Inc., and Palisado Re, Inc. (the “Companies”) pursuant to the provisions of the Insurers Rehabilitation and Liquidation Act, Conn. Gen. Stat. §§ 38a-903 to […]
On December 30, 2024, Edward S. Stone, Esq. of Edward Stone Law P.C. and Elizabeth Hopkins, Esq. of Kantor & Kantor, LLP filed a class action lawsuit in U.S. District Court for the Southern District of New York on behalf of approximately 56,000 Verizon Communications Inc. who formerly participated in one of two defined benefit […]
https://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpg00lisahttps://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpglisa2025-03-04 18:13:362026-05-20 17:14:46Pension Risk Transfer Lawsuit Filed against Verizon
After a six day bench trial held during June and September, 2024, on December 18, 2024, the Honorable Michael M. Baylson found in Plaintiffs’ favor on Count II (Claim for Benefits and to Clarify Benefits under 29 U.S.C. § 1132(a)(1)(B) by the Optional Retirement Class), Count IV (Claim for Breach of Fiduciary Duty, 29 U.S.C. […]
https://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpg00lisahttps://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpglisa2025-03-03 22:53:012026-05-20 17:15:05DuPont Retirement Class Action Win for Plaintiffs
Edward Stone was a scheduled speaker at the 2024 Fasano Longevity Conference, presenting to attendees on recent insurance company insolvencies, including Columbian Mutual (New York, 2024) and PHL Variable (Connecticut, 2024).
Edward Stone participated in the Institutional Longevity Markets Association (ILMA) investor summit on June 11, 2024, speaking to Association members and guests on insurance company insolvencies.
https://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpg00lisahttps://edwardstonelaw.com/wp-content/uploads/2019/07/Edward-Stone-Law-Logo-Web-1.jpglisa2024-06-11 18:01:582025-03-07 17:35:49Edward Stone – Speaker at the Institutional Longevity Markets Association Summit
John Oliver on Structured Settlements
Last Week Tonight with John Oliver recently aired a segment on structured settlements. More specifically, the segment focused on the predatory nature of factoring companies that prey upon the recipients of structured settlements. While entertaining with its emphasis on the infuriatingly catchy Wentworth commercial jingles, Oliver exposes what he calls the “parasitic” nature of factoring […]
Gretchen Morgenson Reports on PHL’s Failure
On May 20, 2026, reporting for NBC News, Gretchen Morgenson’s article entitled “She paid an insurance company $99,000 to generate retirement income for life. Then it collapsed.” dives into the impact of the rehabilitation and looming liquidation on PHL policyholders like Annie Benjamin, who put her retirement savings into a PHL annuity ten years ago. […]
DuPont / Corteva Class Action – Notices of Final Judgment
Notices of Final Judgment were mailed out to class members on December 18, 2025. The Notices were also emailed to class members by Plaintiffs’ notice vendor, The BMC Group, Inc. If you are a class member and did not receive your Notice, please email Lisa Salmons at lisa@edwardstonelaw.com. The Notices have also been posted on […]
DuPont Retirement Class Action – Defendants’ Motions to Stay Denied
Cockerill, et al. v. Corteva, Inc. DuPont Specialty Products USA, LLC, et al. (Case No. 21-cv-03966-MMB, E.D. Pa.). Defendants’ First Motion for a Stay of Enforcement – DENIED. On June 25, 2025, defendants filed a motion for stay of enforcement of the district court’s final judgment, pending appeal. Plaintiffs response to this motion was filed […]
Another Win for Plaintiffs in DuPont Retirement Case
Cockerill, et al. v. Corteva, Inc. DuPont Specialty Products USA, LLC, et al. (Case No. 21-cv-03966-MMB, E.D. Pa.) On March 19, 2025, as this litigation entered the final phase related to remedies for Plaintiffs, the defendants filed a Partial Motion to Dismiss and Motion to Decertify the Rule 23(b)(1) and (2) class action as to […]
PHL Variable – Connecticut Rehabilitation
On May 17, 2024, the Honorable Andrew N. Mais, the Insurance Commissioner of the State of Connecticut filed a petition seeking an order of rehabilitation of PHL Variable Insurance Company (“PHL”), Concord Re, Inc., and Palisado Re, Inc. (the “Companies”) pursuant to the provisions of the Insurers Rehabilitation and Liquidation Act, Conn. Gen. Stat. §§ 38a-903 to […]
Pension Risk Transfer Lawsuit Filed against Verizon
On December 30, 2024, Edward S. Stone, Esq. of Edward Stone Law P.C. and Elizabeth Hopkins, Esq. of Kantor & Kantor, LLP filed a class action lawsuit in U.S. District Court for the Southern District of New York on behalf of approximately 56,000 Verizon Communications Inc. who formerly participated in one of two defined benefit […]
DuPont Retirement Class Action Win for Plaintiffs
After a six day bench trial held during June and September, 2024, on December 18, 2024, the Honorable Michael M. Baylson found in Plaintiffs’ favor on Count II (Claim for Benefits and to Clarify Benefits under 29 U.S.C. § 1132(a)(1)(B) by the Optional Retirement Class), Count IV (Claim for Breach of Fiduciary Duty, 29 U.S.C. […]
Edward Stone – Speaker at 2024 Fasano Longevity Conference
Edward Stone was a scheduled speaker at the 2024 Fasano Longevity Conference, presenting to attendees on recent insurance company insolvencies, including Columbian Mutual (New York, 2024) and PHL Variable (Connecticut, 2024).
Edward Stone – Speaker at the Institutional Longevity Markets Association Summit
Edward Stone participated in the Institutional Longevity Markets Association (ILMA) investor summit on June 11, 2024, speaking to Association members and guests on insurance company insolvencies.