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New York Life 401(k) Options Primarily Profit NYL, Not Participants Complaint

March 3, 2021

The complaint for this class brings suit against defendants New York Life Insurance Company, the Boards of Trustees for two of its retirement plans, and individual members of the plans’ Boards, all of whom it names as fiduciaries of the plans. The complaint alleges that “this suit is about corporate self-dealing and the prohibited transfer of employees’ retirement assets to Defendants at the expense of the retirement savings of company employees and … agents.”

Case Event File: New York Life 401(k) Options Primarily Profit NYL, Not Participants Complaint

Related to: New York Life 401(k) Options Primarily Profit NYL Class Action