Legal Opinion

Prusky Ex Rel. Windsor Securities, Inc. v. Reliastar Life Insurance

Court of Appeals for the Third Circuit

Decided July 10, 2008No. 07-1691, 07-1901, 07-3408PublishedCited by 46 opinions

1Opinion of the Court

OPINION

COWEN, Circuit Judge.

Before us are two appeals from two breach of contract actions arising out of a single set of insurance contracts, Plaintiffs-Appellants Paul and Steven Prusky are a father-and-son team of investment advisors, and the trustees of the MFI Associates, Ltd. Profit Sharing Plan1 (collectively “the Pruskys”). Defendant-Appel-lee is ReliaStar Life Insurance Company (“ReliaStar” or “RLIC”). In both actions, Plaintiffs alleged that ReliaStar breached their insurance contracts by refusing to allow them to engage in the frequent trading of various mutual funds. The Pruskys…

2Cases cited25 opinions

  1. Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
  2. Koppers Company, Inc. v. The Aetna Casualty and Surety Company Zurich Insurance Company the Travelers Indemnity Co. The American Home Assurance Company Commercial Union Insurance Company the Home Insurance Company Underwriter's at Lloyd's of London. Certain Underwriters at Lloyd's, London Certain Insurance Companies in the London Market, Referred to in This Action as "Jackson and Companies", ( Pursuant to Rule 12(a), f.r.a.p.) in No. 95-3432. Koppers Company, Inc. v. The Aetna Casualty and Surety Company Zurich Insurance Company the Travelers Indemnity Co. The American Home Assurance Company Commercial Union Insurance Company the Home Insurance Company Underwriters's at Lloyd's of London Certain Insurance Companies in the London Market, Referred to in This Action as "Jackson and Companies." ( Pursuant to Rule 12(a), f.r.a.p.) Koppers Company, Inc., in No. 95-3461Court of Appeals for the Third Circuit · 1996
  3. Jean Alexander Cosmetics, Inc. v. L'OreaL Usa, Inc. Redkin 5th Avenue, N.Y.CCourt of Appeals for the Third Circuit · 2006
  4. Marvin L. Fishman and Illinois Basketball, Inc. v. Estate of Arthur M. Wirtz, and Illinois Basketball, Inc. v. Estate of Arthur M. WirtzCourt of Appeals for the Seventh Circuit · 1987
  5. Mark Scully v. Us Wats, Inc. Kevin O'hare, Individually and in His Capacity as President of Us Wats Aaron Brown, Individually and in His Capacity as Chairman of the Board of Directors of Us Wats Stephen Parker, Individually and in His Capacity as Executive Vice-President of Us WatsCourt of Appeals for the Third Circuit · 2001

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3Cited by46 opinions

  1. Nationwide Mutual Fire Insurance v. George v. Hamilton, Inc.Court of Appeals for the Third Circuit · 2009
  2. Hatch v. Trail King Industries, Inc.Court of Appeals for the First Circuit · 2012
  3. Securities & Exchange Commission v. GannCourt of Appeals for the Fifth Circuit · 2009
  4. Marion, D. v. Bryn Mawr Trust Co.Superior Court of Pennsylvania · 2021
  5. Adelphia Gateway LLC v. Pennsylvania Environmental Hearing BoardCourt of Appeals for the Third Circuit · 2023

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