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Company: New York Life Insurance Company
Current Parent Company:
New York Life Insurance
Parent at the Time of the Penalty Announcement:
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Penalty: $3,000,000
Year: 2017
Date: June 15, 2017
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 1:16-cv-5698
Case Name: Andrus et al v. New York Life Insurance Company et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: mutual
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.