Jackson National Life Insurance v. Gofen & Glossberg, Inc.

MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

Plaintiff Jackson National Life Insurance Company (“JNL”) brings this seven count amended complaint against Gofen & Gloss-berg (“G & G”), Boulevard Bank National Association (“Boulevard”) and the Midwest Securities Trust Company (“MSTC”). 1 Presently before this court are numerous motions to dismiss many of the claims and cross-claims asserted by the parties.

I. Background

JNL, a large insurance company, had since the mid-1960’s engaged G & G as a financial advisor. On January 12, 1984, JNL and Boulevard entered into written Custodian Agreement…