Jefferson-Pilot Life Insurance Company Receives a Defense Verdict
Represented by Lightfoot attorneys, Jefferson-Pilot Life Insurance Company (now The Lincoln National Life Insurance Company) won a defense verdict in its first ever jury trial involving allegations of fraud and breach of contract relating to the sale of a universal life insurance policy. The case tried for five days Colbert County, Alabama. The Lightfoot trial team proved to the jury that Jefferson-Pilot’s documents and its agent fully and adequately informed the policy owner how the policy would perform over time and that the policy was not guaranteed to stay in force until its maturity date. The plaintiff asked the jury to award more than $300,000 in compensatory damages, plus punitive damages as well. After a mere 40 minutes of deliberation, the jury returned a verdict for Jefferson-Pilot. Lightfoot attorneys Wynn Shuford and John G. (“JT”) Thompson, Jr. handled the case.