Migliaccio & Rathod LLP is investigating whether Prudential annuity products or investment-linked retirement products were marketed with sustainability, ESG, or climate-aligned representations that may not match underlying investment practices.
Reported Issues
Consumers report concerns about:
- Purchasing annuity or retirement products based on ESG or sustainability messaging.
- Believing the product supported climate-conscious investing.
- Not being clearly told whether premiums or general-account assets supported fossil-fuel investments.
- Relying on marketing suggesting responsible or climate-aligned investment practices.
- Paying more or choosing the product because of environmental representations.
Prudential describes itself as a major provider of insurance, retirement, annuities, and investment products, making its marketing and investment-related disclosures important for consumers choosing retirement products.
Why Individuals Should Be Concerned
Potential claims include:
- Greenwashing
- False advertising
- Consumer protection violations
- Securities-style misstatement where applicable
- Breach of good faith
- Economic loss from misleading ESG claims
Signs You May Be Affected
- You purchased a Prudential annuity or retirement product based on sustainability representations.
- You believed your money would be invested in a climate-conscious way.
- You were not clearly told about fossil-fuel or high-emission investments.
- You relied on ESG or “green” marketing.
- You would have paid less or chosen a different product had you known the actual investment practices.
If you have encountered these issues, we would like to hear from you. Please complete the contact form on this page, send us an email at [email protected], or give us a call at (202) 470-3520.