Legal Opinion
Ryan v. Salisbury
District Court, D. Hawaii
Decided May 14, 2019No. Civ. No. 18-00406 ACK-RTPublishedCited by 5 opinions
1Opinion of the Court
Early on in his tenure as Plaintiff's financial advisor, Defendant Salisbury began investing Plaintiff's money and/or that of the Trust into annuities, among other investments. Id. ¶ 25. Defendant Salisbury, together with Defendant C. Salisbury, LLC and Accelerated Estate Planning, LLC (together, "the Salisbury Entities") caused Plaintiff to surrender certain annuities and move the money to different annuities with the promise that any surrender fees would be offset either by bonus monies or greater earnings of the new product (a process the Complaint calls "churning"). Id. ¶ 26. Defendant…
2Cases cited58 opinions
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- Starr v. BacaCourt of Appeals for the Ninth Circuit · 2011
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3Cited by5 opinions
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