Violation Tracker Individual Record

Company: 
Jackson National Life Insurance Co
Current Parent Company: 
Prudential (UK)
Penalty: 
$484,000
Year: 
2008
Date: 
November 10, 2008
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

Jackson National Live Insurance agreed to pay $484,000 to reimburse its clients who allegedly had funds stolen by one of its agents.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Connecticut Attorney General
Civil or Criminal Case: 
civil
Facility State: 
Connecticut
HQ Country of Parent: 
United Kingdom
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
insurance
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.