MEMORANDUM AND ORDER
[Findings and Conclusions re Fairness of Proposed Settlement]
BRIEANT, District Judge.
I. Introduction
Beginning in 1979, two insurance company subsidiaries of Baldwin-United Corporation began to issue single premium deferred annuities ("SPDAs"), described more particularly below. These subsidiaries were National Investors Life Insurance Company, an Arkansas insurance corporation (hereinafter "NILIC"), and...
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