A Wisconsin appeals court has revived a previously dismissed case against
In 1985, the company changed its methodology, therefore reducing the amount that annuity policyholders received. Before, the amount was based on investment returns of all the investments in the companys general account, including stocks and real estate. However, Northwestern then based the dividend payment only on the performance of bonds.
The appeals court reversed an earlier decision to dismiss the case, but it still must be classified for class-action status.
