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ALLISON v. SECURITY BEN. LIFE INS. CO.

No. 91-3488.

980 F.2d 1213 (1992)

J.E. ALLISON; Patricia Allison; E.C. Benton; Phyllis M. Bertsch; Jane Calloway; William R. Canino; Cecil Jean Chamness; Jessie Chamness; Terry Clowers; Charles Donham; Riley Donica; David Elms; Henry Ginger; Jimmy D. Hannah; Don Howard; Dorothy Landry; Billy Lenderman; McNeill Agency Inc.; Dennis McNeill; James McNeill; Patsy McNeill; Eudox Patterson; Bill D. Plunkett; Catherine Plunkett; Andrew Ponder; Charles Presher; Charlie W. Scarbrough; Claudia Sparrow; Martha H. Thompson; Jerry D. Tolliver; Frank Towery; Bill J. Wawak; Earlene T. Wawak; Hugh Williams, Plaintiffs-Appellants, v. SECURITY BENEFIT LIFE INSURANCE COMPANY, Defendant-Appellee, v. LIFE ASSURANCE COMPANY OF PENNSYLVANIA, Third Party-Defendant.

United States Court of Appeals, Eighth Circuit.

Decided December 3, 1992.

Attorney(s) appearing for the Case

Thomas M. Bramhall, Little Rock, Ark., argued, plaintiffs-appellants.

Byron Freeland, Little Rock, Ark., argued, for defendant-appellee.

Before McMILLIAN, WOLLMAN, and LOKEN, Circuit Judges.

LOKEN, Circuit Judge.

Plaintiffs appeal the district court's1 dismissal of their diversity action against Security Benefit Life Insurance Company ("SBL") for lack of subject matter jurisdiction because each plaintiff's amount in controversy is less than $50,000. We affirm.

The seeds of this dispute were sown in 1984 when SBL, a Kansas-based life insurer, acquired the stock of First Pyramid Life Insurance Company of America ("FPL...

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