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[EXTERNAL LINK] - New York Life Faces Suit Over Record Requests | ThinkAdvisor
Herbert Gallin, the owner of a professional engineering firm, died in 2010, and his wife died in 2022.
Fredric Gallin, their son, says in the complaint that he began trying earlier this year to redeem outstanding policies that New York Life and related companies sold to his parents.
Gallin contends that New York Life set conditions that are impossible to fulfill.
“Defendants demanded pension plan documents going back to the 1980s — certified by the corporate secretary, and a corporate resolution,” according to the complaint. “Obviously, as Herbert Gallin has been dead for 13 years, his professional corporation has long since ceased operations.”
Herbert Gallin, the owner of a professional engineering firm, died in 2010, and his wife died in 2022.
Fredric Gallin, their son, says in the complaint that he began trying earlier this year to redeem outstanding policies that New York Life and related companies sold to his parents.
Gallin contends that New York Life set conditions that are impossible to fulfill.
“Defendants demanded pension plan documents going back to the 1980s — certified by the corporate secretary, and a corporate resolution,” according to the complaint. “Obviously, as Herbert Gallin has been dead for 13 years, his professional corporation has long since ceased operations.”