In Re Mutual Life Ins. of New York Premium Litig.

MEMORANDUM AND ORDER

HARRINGTON, Senior District Judge.

The plaintiffs in this case are two Massachusetts residents, William McLean (“McLean”) and Naomi Driscoll (“Dris-coll”), and two Illinois residents, Roger Brown and Thomas Brown, who are acting in their capacity as trustees for the Richard L. Brown Irrevocable Trust Number 2 (“the Browns”). The plaintiffs’ complaint alleges that the defendant, MONY Life Insurance Company (“MONY”), used false and misleading sales presentations to sell the plaintiffs “vanishing premium” life insurance policies in violation of Massachusetts and Illinois state…