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In the event you personal or owned a Lincoln Life & Annuity Firm of New York Common Life Insurance coverage Coverage, your rights could also be affected by a category motion lawsuit

In the event you personal or owned a Lincoln Life & Annuity Firm of New York Common Life Insurance coverage Coverage, your rights could also be affected by a category motion lawsuit

SEATTLE, Sept. 7, 2022 /PRNewswire/ — The Courtroom has allowed a lawsuit often known as Vida Longevity Fund, LP v. Lincoln Life & Annuity Firm of New York, Case No. 1:19-cv-06004-ALC-DCF (S.D.N.Y), to be a category motion on behalf of a “Class,” or group of individuals, that will embody you. The lawsuit alleges that Lincoln Life & Annuity Firm of New York (“Defendant”) breached the contracts with SUL I, SUL IV, UL I, UL II, UL III, and UL LPR policyowners by imposing value of insurance coverage (“COI”) charges that have been in violation of the coverage provisions. Defendant denies the lawsuit claims. The Courtroom has not determined who is true or mistaken. The Courtroom has not but set a trial date.

WHO IS A CLASS MEMBER
?

The Class consists of all present and former house owners of SUL I, SUL IV, UL I, UL II, UL III, or UL LPR insurance policies issued or insured by Defendant throughout the Class Interval, excluding coverage numbers 7143647, 7150005, 7150984, 7155997, 7163495, and 7163710. The Class Interval is outlined within the FAQ Part of www.LincolnNYCOILitigation.com. This Discover summarizes your rights and choices.

YOUR RIGHTS AND OPTIONS

Do nothing. Keep on this lawsuit and await the end result. Any judgment on this case – whether or not favorable to Plaintiff or Defendant – will bind all Class Members who don’t well timed elect to be excluded from the Class. There isn’t any cash out there now, and no assure there ever can be. The Courtroom has appointed Susman Godfrey L.L.P. as Class Counsel. In the event you keep within the Class, you do not want to rent your personal lawyer to pursue the claims in opposition to Defendant as a result of Class Counsel is engaged on behalf of the Class. Nevertheless, if you wish to be represented by your personal lawyer, you could rent one at your personal expense and price. When you’ve got questions, go to www.LincolnNYCOILitigation.com or name 1-877-654-1978. 

Exclude your self. Get no advantages from lawsuit. Preserve sure rights. In the event you ask to be excluded from this lawsuit and cash is later awarded, you’ll not be allowed to request a fee. However you protect any rights to sue Defendant at your personal expense and with your personal legal professional about the identical authorized claims on this lawsuit. You might exclude your self from the lawsuit by sending a letter requesting exclusion from this lawsuit together with your title, handle, phone quantity, e-mail handle, signature, and the insurance coverage coverage quantity(s) you want to exclude to: Lincoln NY COI Discover Administrator, c/o JND Authorized Administration, P.O. Field 91205, Seattle, WA 98111. You could mail your exclusion request, postmarked no later than October 17, 2022.

This Discover is barely a abstract. Study extra at www.LincolnNYCOILitigation.com. Please don’t contact the Courtroom.

SOURCE JND Authorized Administration

In the event you personal or owned a Lincoln Life & Annuity Firm of New York Common Life Insurance coverage Coverage, your rights could also be affected by a category motion lawsuit