Legal Opinion
Woerner v. Bankers Life & Casualty Co.
District Court, N.D. Illinois
Decided October 27, 2016No. 16 C 5296PublishedCited by 1 opinion
1Opinion of the Court
Memorandum Opinion and Order
Honorable Thomas M. Durkin, United States District Judge
Joseph Woerner was an insurance agent for Bankers Life and Casualty Company. He alleges that his hiring by Bankers Life was part of a pyramid scheme in which Bankers Life hires more agents than it needs in order to exact the fees it charges new agents, and to claw back sales commissions under false pretenses when surplus agents inevitably leave the company. Woerner alleges that Bankers Life’s conduct constitutes: a violation of his agency contract (Count I); a violation of the covenant of good faith and fair…
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3Cited by1 opinion
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