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WRIGHT v. PRUDENTIAL INS. CO. OF AMERICA

No. 02 CV 5742(DRD).

285 F.Supp.2d 515 (2003)

Charles W. WRIGHT and Kelley B. Wright, Individually and on behalf of all others similarly situated, Plaintiffs, v. THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, Prudential Insurance, and Prudential Financial, Inc., Defendants.

United States District Court, D. New Jersey.

September 29, 2003.

Attorney(s) appearing for the Case

Dianne M. Nast, Esq., Roda & Nast, P.C., Mancaster, PA, John R. Climaco, Esq., Climaco, Lefkowitz, Peca, Wilcox & Garofoli Co., L.P.A., Cleveland, OH, Edward W. Cochran, Esq., Cochran & Cochran, Shaker Heights, OH, Robert W. Bishop, Esq., Bishop & Associates, P.S.C., Louisville, KY, for Plaintiffs.

Charles M. Lizza, Esq., LeBoeuf, Lamb, Greene & MacRae, L.L.P., Newark, NJ, Of Counsel, Edward G. Schallert, Esq., Diane Hester, Esq., Judith Taft, Esq., Debevoise & Plimpton, New York, NY, for Defendants.

OPINION

DEBEVOISE, Senior District Judge.

Plaintiffs, the insured and beneficiary on a policy issued by Prudential Life Insurance Company of America, have initiated this lawsuit against Prudential1 on behalf of themselves and others similarly situated.2 Plaintiffs claim that Prudential's plan of reorganization breached the terms of a settlement agreement the company reached in 1997 resolving...

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