Krohnengold v. New York Life Insurance Company et al

Filing 173

MEMO ENDORSED ORDER granting 172 Motion to Substitute Party. ENDORSEMENT: Application GRANTED. The Court expresses its condolences to Ms. Laurence on the passing of Mr. Krohnengold. The Clerk of Court is directed to update the docket and to ter minate ECF No. 172. SO ORDERED. Amy Laurence added. Stuart Krohnengold (as representative of a class of similarly situated persons, and on behalf of the New York Life Insurance Employee Progress Sharing Investment Plan, and the New York Life Insurance Company Agents Progress Sharing Plan) terminated. (Signed by Judge Jesse M. Furman on 2/6/2024) (vfr)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ------------------------------------Stuart Krohnengold, Wayne Antoine, Lee Webber, Anthony Medici, Joseph Bendrihem, Larry Gilbert, Rafael Musni, Thomas Lantz, Sandra Scanni, and Claudia Gonzalez, as representatives of a class of similarly situated persons, and on behalf of the New York Life Insurance Employee Progress Sharing Investment Plan, and the New York Life Insurance Company Agents Progress Sharing Plan, Case No. 1:21-cv-01778 - JMF Plaintiffs, v. New York Life Insurance Company; the Fiduciary Investment Committee; the Board of Trustees; Katherine O’Brien; Anthony R. Malloy; Yie-Hsin Hung; Arthur A. Seter; Scott L. Lenz; Robert J. Hynes; and John and Jane Does 1-20, Defendants. ------------------------------------PLAINTIFFS’ CONSENT MOTION TO SUBSTITUTE PARTY FOR PLAINTIFF STUART KROHNENGOLD Plaintiffs, by and through undersigned counsel, hereby move pursuant to Federal Rule of Civil Procedure 25(a)(1) to substitute Amy Laurence for deceased Plaintiff Stuart Krohnengold. In support of this motion, Plaintiffs state as follows: 1. Plaintiff Stuart Krohnengold (Mr. Krohnengold) passed away on January 11, 2024. 2. Proposed substitute Plaintiff Amy Laurence (Ms. Laurence) is Mr. Krohnengold’s wife, and the beneficiary of his account in the New York Life Insurance Employee Progress Sharing Investment Plan. 1 3. Ms. Laurence wishes to serve as a substitute party for her husband, and has retained undersigned counsel for that purpose. Ms. Laurence has acknowledged her duties as a class representative in this action and has signed a Duties of Class Representative form similar to the one previously signed by Mr. Krohnengold. See ECF 119-1. 4. Where a party dies and the claim is not extinguished (as here), the Federal Rules of Civil Procedure allow for the substitution of a proper party within 90 days after service of a statement noting the death. See Fed. R. Civ. P. 25(a)(1). 5. Defendants do not oppose the substitution of Ms. Laurence for Mr. Krohnengold, and confirm her status as the surviving beneficiary of Mr. Krohnengold’s account. WHEREFORE, Plaintiffs respectfully request that the Court approve the substitution of Amy Laurence for Stuart Krohnengold. Dated: February 5, 2024 Respectfully submitted, Application GRANTED. The Court expresses its condolences to Ms. Laurence on the passing of Mr. Krohnengold. The Clerk of Court is directed to update the docket and to terminate ECF No. 172. SO ORDERED. February 6, 2024 /s/ Kai Richter Kai H. Richter (admitted Pro Hac Vice) Jacob T. Schutz (admitted Pro Hac Vice) Eleanor Frisch (admitted Pro Hac Vice) Cohen Milstein Sellers & Toll PLLC 400 South Fourth Street # 401-27 Minneapolis, MN 55415 Tel: (612) 807-1575 Fax: (202) 408-4699 krichter@cohenmilstein.com jschutz@cohenmilstein.com efrisch@cohenmilstein.com Michelle C. Yau (admitted Pro Hac Vice) Daniel R. Sutter (admitted Pro Hac Vice) Caroline E. Bressman (admitted Pro Hac Vice) Cohen Milstein Sellers & Toll PLLC 1100 New York Ave. NW ● Fifth Floor Washington, DC 20005 Tel: (202) 408-4600 2 Fax: (202) 408-4699 myau@cohenmilstein.com dsutter@cohenmilstein.com cbressman@cohenmilstein.com Michael Eisenkraft (NY. Bar No. 664737) Cohen Milstein Sellers & Toll PLLC 88 Pine Street ● 14th Floor New York, New York 10005 Tel: (212) 838-7797 Fax: (212) 838-7745 meisenkraft@cohenmilstein.com 3

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