NU Online News Service, Dec. 4, 3:32 p.m. – Two law firms are trying to organize a class-action lawsuit against Annuity and Life Re (Holdings) Ltd., Hamilton, Bermuda, on behalf of the company’s shareholders.
The law firms, Hoffman & Edelson L.L.C., Doylestown, Pa., and Scott & Scott L.L.C., Colchester, Conn., have filed a suit in a U.S. District Court in Connecticut that accuses the company and its former officers of violating federal securities laws by misrepresenting the company’s financial condition.