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Equitable late joiners to sue

The Equitable Late Joiners Action Group has confirmed it plans to sue the society.

The action group alleges Equitable was aware of the size of its liability to Gar policyholders when it sold them their policies following the High Court ruling against it in July 2000.

Following today&#39s High Court ruling in favour of the compromise package between Gar and non-Gar policyholders, the group announced its intention to pursue legal action.

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