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Prudential Financial Inc. unit Prudential Insurance Co. of America is named in a putative class-action lawsuit that targets investment interest the company has earned on death benefits held in retained-asset accounts, Bloomberg News reported July 29.
According to the report, the suit was filed July 29 in U.S. District Court in Springfield, Mass., by lead plaintiffs Kevin and Joyce Lucey. The Luceys collected $53,000 in death benefits in 2004 after the death of their...





