Freeh Sporkin & Sullivan, on Behalf of Fortress Investment Group, Announces the Establishment of a Confidential, Toll-Free Hotline in Connection with Anti-trust and Civil RICO Suit Against The Phoenix Companies

Published: Aug. 20, 2012

NEW YORK, Aug 08, 2012 (BUSINESS WIRE) — Freeh Sporkin & Sullivan LLP (“FSS”), founded by former FBI Director and federal judge Louis J. Freeh, is working through Orrick, Herrington & Sutcliffe LLP, on behalf of Fortress Investment Group LLC and Lima LS in connection with Lima’s Anti-trust and Civil Racketeer Influenced and Corrupt Organizations Act suit against The Phoenix Companies (PHL VARIABLE INSURANCE COMPANY, PHOENIX LIFE INSURANCE COMPANY, and THE PHOENIX COMPANIES, INC.) and some of its senior management (JAMES D. WEHR, PHILIP K. POLKINGHORN, EDWARD W. CASSIDY, and former CEO and Chairman of the Board, DONA D. YOUNG). FSS announced today that it has established a confidential, toll-free hotline to receive information about The Phoenix Companies’ or their senior management’s life insurance business practices and strategies from January 2004 through present. The hotline number is (855) 653-7069, which will be active starting at 8:00a.m. EST on August 13, 2012.

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Rico Statement