Wishnev v. Northwestern Mutual Life Insurance

ORDER DENYING DEFENDANT’S MOTION TO DISMISS FIRST AMENDED COMPLAINT

Docket No. 20

EDWARD M. CHEN, United States District Judge

I. INTRODUCTION

Plaintiff Sanford Wishnev (“Wishnev”) filed this lawsuit against Defendant the Northwestern Mutual Life Insurance Company (“Northwestern Mutual”), asserting that Defendant violated California’s usury law by charging him compound interest on life insurance policy loans, without Plaintiffs written agreement that interest would be compounded. Compl. ¶ 1. Pending before the Court is Northwestern Mutual’s motion to dismiss Plaintiffs First Amended Complaint…