Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Saturday, February 3, 2007

Market-Timing Agreement Enforced

In Prusky v. Reliastar Life Ins. Co., 2007 WL 43641 (E.D. Pa. 01/05/07), the court ordered specific performance of a contract that gave plaintiff the right to engage in market-timing in the mutual fund sub-accounts within the variable life insurance policies and rejected the defendant's defense of impracticability.

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