Gross v. Independence Shares Corporation

BARD, District Judge.

This matter comes before the Court on defendant’s motions (1) to dismiss for lack of jurisdiction, and (2) to strike paragraphs 5 and 8 from the amended complaint.

The plaintiff is owner and holder of a Capital Savings Plan Contract Certificate purchased from the Capital Savings Plan, Inc., since merged with and now Independence Shares Corporation, a Pennsylvania corporation. Under the terms of the certificate the plaintiff was to make 120 monthly installment payments to the Pennsylvania Company for Insurances on Lives and Granting Annuities. This company, after deducting…