Lawsuits – WishList

  • Any Agent Depositions
    • Blumenthal v New York Life
    • Walker v LSW
  • Any Expert Witness Depositions / Report
    • Fay v Aetna – Hager, Claire
  • 2016 – LR – Recent Trends in the Use of Surveys in Advertising Law Disputes; an Update on the Case Law, by Kenneth Plevan – 45p
    • <WishList – survey>  –  A survey was used in Fairbanks v. Farmers New World Life Insurance Co.85 to defeat a showing of materiality.
      • In that case, defendants relied on a survey commissioned by plaintiff’s counsel, in which 500 policyholders were asked if they would have purchased their policies had it been disclosed that the policies were not permanent.
      • A total of 47.4% of the respondents said they would still have purchased the policies.86
    • Citing the survey results, the court found that the materiality issue was subject to individual proof, and affirmed the lower court’s denial of class certification.87
  • 1997 1024 – WSJ – MONY Wins Dismissal of Suit Over ‘Vanishing Premium’ Policies, by Leslie Scism – [link]
    • Goshen vs. MONY – Mutual Life Insurance Company of New York
    • … in the MONY case, New York state judge Beatrice Shainswit found that, while thousands of consumers nationally “have been deeply aggrieved by what they perceive to be a grave injustice perpetrated upon them by the numerous insurance companies who contrived, and profited, from the “vanishing premium” concept,” this “ill-conceived product” doesn’t necessarily “equate to fraud, or any other actionable wrongdoing, which can be compensated for in a court of law.”
      • ⇒  Her 29-page decision debunks key arguments in almost all of the suits. – <WishList>
  • (p157) – Bucket – [Bonk: Trowbridge-?] / How the Policy Works – <WishList – Exhibit 632>
    • Q Mr. Cooper when he was providing this generic discussion of these insurance options, he actually talked to you about insurance mortality and expense charges; correct?
    • A I don’t recall him talking about that.
    • Q Okay. Well, let’s pull up Exhibit 632 which I believe is already in evidence. If we go to page 362 on the bottom. We’ve looked at this, what we call, the bucket diagram for lack of a better term.
      • Do you remember that?
    • A Yes, I do.
    • Q Did you look at this bucket diagram back in 2007?
    • A I looked at it briefly.
    • Q Did Mr. Cooper discuss this bucket diagram with you to help you understand how the policy worked?
    • A No. He was focusing on how the money would come out of the residence and go into this bucket, and out of this bucket would come money to fund the policy.  [Howlett]

2014 0416 – DOC 809 – Trial Transcript – Walker v LSW – 236p

  • – LC – Wood v William M. Mercer
    • Crown v Casteel