Member Litigation Update
On Tuesday, March 31, Mark Freedman, former president of the Society of Actuaries, filed a voluntary motion to dismiss the remaining claim alleging defamation, which was pending in the circuit court in Cook County, Illinois, against Academy Immediate Past President Tom Terry. The motion requires presentment to and approval of a judge, which is pro forma but required and scheduled for April 7. On Feb. 24, 2015, Judge Peter Flynn dismissed all other claims against the Academy. This withdrawal of the remaining defamation claim against Tom Terry as an individual brings to a close all claims against any party related to the Academy. The dismissal of the specific counts against the Academy and the withdrawal of the specific count against Tom Terry reaffirm the validity and vitality of the profession’s self-disciplinary process.