United Investors Life Insurance Co. v. Waddell & Reed, Inc.

125 Cal. App. 4th 1300, 23 Cal. Rptr. 3d 387 (2005)

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United Investors Life Insurance Co. v. Waddell & Reed, Inc.

California Court of Appeal
125 Cal. App. 4th 1300, 23 Cal. Rptr. 3d 387 (2005)

JL

Facts

United Investors Life Insurance Company (United) (plaintiff) sued Waddell & Reed, Inc. and others (Waddell) (defendants), alleging unfair competition claims. United claimed that Waddell had engaged in a nationwide campaign to induce United’s policyholders to switch to another insurance company. Waddell filed a demurrer, or a motion to dismiss, arguing that United did not have standing to sue under the relevant statutes. The trial court granted the demurrer, and United appealed. The defendants then filed a motion to dismiss the appeal.

Rule of Law

Issue

Holding and Reasoning (Turner, J.)

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