Filed Under:Annuities, Suitability

California AG asks for review of Neasham reversal

The California Attorney General office has requested the state’s Supreme Court review the Appellate Court’s decision overturning the conviction of Glenn Neasham on theft from an elder. The petition was filed earlier this month.

In October, the Court of Appeal of the State of California, First Appellate District, Division Three, reversed the verdict handed down in October 2011 in Lake County, Calif. The controversial case revolved around Neasham’s sale of an annuity to then 83-year-old Fran Schuber, who was later found to be suffering from dementia. Neasham has maintained that at the time of the sale, Schuber exhibited no signs of cognitive impairment.

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Nichole Morford

Nichole Morford
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