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BERENT v. KEMPER CORP.

No. 91-1912.

973 F.2d 1291 (1992)

David R. BERENT; Robert R. Bonner; Gary F. Jacobs; Janina M. Jacobs; and Joel N. Levine, Plaintiffs-Appellants, v. KEMPER CORPORATION and Federal Kemper Life Assurance Company, Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

Decided August 31, 1992.

Attorney(s) appearing for the Case

Charles J. Porter (argued and briefed), Hardig & McConnell, Bloomfield Hills, Mich., James S. Thorburn, Birmingham, Mich., Leonard Lemberg, Richard G. Partrich, Lemberg & Partrich, Southfield, Mich., for plaintiffs-appellants.

Susan Artinian, Dykema & Gossett, Detroit, Mich., Donald E. Egan (argued and briefed), Paul R. Garry, Mary E. Hennessy, Katten, Muchin & Zavis, Chicago, Ill., for defendants-appellees.

Before: NELSON and BOGGS, Circuit Judges; and WELLFORD, Senior Circuit Judge.

DAVID A. NELSON, Circuit Judge.

This is a civil RICO case in which the plaintiffs allege a pattern of fraud in the sale of hundreds of millions of dollars worth of single-premium whole life insurance policies. The defendants are said to have paid interest to the purchasers at inflated rates during the first policy year, while planning to pay at lower rates later. The district court entered summary judgment for the defendants, 780 F.Supp. 431

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