YENCHI v. AMERIPRISE FINANCIAL, INC.

No. 8 WAP 2016.

161 A.3d 811 (2017)

Eugene R. YENCHI and Ruth I. Yenchi, Husband and Wife, Appellees v. AMERIPRISE FINANCIAL, INC., Ameriprise Financial Services, Inc., RiverSource Life Insurance Company and Bryan Gregory Holland, Appellants.

Supreme Court of Pennsylvania.

DECIDED: June 20, 2017.


Attorney(s) appearing for the Case

Kathy Kay Condo, Esq. , Christopher Michael Helms, Esq. , Babst, Calland, Clements & Zomnir, P.C., for Appellants.

Kenneth Robert Behrend, Esq. , Behrend & Ernsberger P.C., for Appellees.

David C. Harrison, Esq. , for Pennsylvania Association For Justice, Appellee Amicus Curiae.

SAYLOR, C.J., BAER, TODD, DONOHUE, DOUGHERTY, WECHT, MUNDY, JJ.


OPINION

In this discretionary appeal, we must decide whether a fiduciary duty can arise in a consumer transaction for the purchase of a whole life insurance policy based upon the advice of a financial advisor where the consumer purchasing the policy does not cede decision-making control over the purchase to the financial...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases