In 2018, we sued Texas-based CLA Estate Services, Inc. and CLA USA for using deception to get thousands of seniors across Washington to transfer their retirement savings with other firms into complicated insurance annuities.
This scheme locked up decades worth of their hard-earned money and caused some seniors to lose tens of thousands of dollars.
Yesterday, a King County Superior Court judge ruled that CLA Estate Services and CLA USA must pay a total of more than $6.1 million plus 12 percent annual interest to 1,100 Washingtonian seniors.
Using false and deceptive tactics to persuade and trick seniors out of their retirement savings isn’t just wrong — it’s unlawful. Add your name to stand with me.
As the People’s Lawyer, I will never allow any powerful interest or company deceive their way into stealing the livelihoods of Washingtonians.
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This scheme was deceitful. The last thing seniors need to worry about is whether or not they can keep their retirement savings.
Thank you,
Bob