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New York Life is no stranger to the courtroom and has been forced to pay out millions in settlements and fines to fraud and bad faith victims. The company faced a massive $250 million judgment in 1995 when it failed to pay out promised returns to its policyholders.
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Jan 26, 2021 · NEWARK, N.J. – A New York Life insurance broker today admitted his role in a scheme to fraudulently use his association with the company to ...
Oct 19, 2023 · Gallin contends that New York Life set conditions that are impossible to fulfill. “Defendants demanded pension plan documents going back to the ...
First, the complaint alleged that New York Life engaged in a nationwide scheme to induce class members to purchase life insurance policies based on false or ...
For two years, between 1846-1848, New York Life sold policies on the lives of enslaved people. Our company has publicly acknowledged and is deeply sorry for ...
The NY Life ad is not only inherently misleading, it is replete with false statements and material omissions. Moreover, the actual featured policy, legal ...
Mar 2, 2021 · New York Life Insurance & Annuity Corporation has agreed to pay $10.9 million in compensation and penalties for causing clients to switch ...
Cohen Milstein represents employees in a lawsuit against New York Life which alleges corporate self-dealing and the prohibited transfer of employees'