Legal Opinion
Jackson National Life Insurance v. Workman Securities Corp.
District Court, D. Minnesota
Decided March 17, 2011No. Civil No. 09-1024 (JRT FLN)PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
JOHN R. TUNHEIM, District Judge.
Gayle Sanderson bought a Perspective II Variable Annuity policy from plaintiff Jackson National Life Insurance Company (“Jackson”) that had been marketed to her by intervenor Thomas Petraeek. When the policy’s value dropped below the purchase price, she sought a refund from Jackson, claiming that Petraeek had represented to her that the value of the policy would never fall below the purchase price. Upon investigation, Jackson discovered that — while Petraeek had marketed the policy to Sanderson — the application for sale had been…
2Cases cited23 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Miller v. ShugartSupreme Court of Minnesota · 1982
- Davis v. Re-Trac Manufacturing CorporationSupreme Court of Minnesota · 1967
- Lesmeister v. DillySupreme Court of Minnesota · 1983
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3Cited by3 opinions
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- In Re: RFC and RESCAP Liquidating Trust LitigationDistrict Court, D. Minnesota · 2019