Descendants of Armenian Genocide victims filed a multi-million dollar lawsuit against Victoria Insurance Company to recover life insurance benefits that were wrongfully withheld from beneficiaries. Victoria Insurance Company is the tenth insurance company sued on behalf of victims of the Armenian Genocide.
Vartkes Yeghiayan and his team of legal experts at Yeghiayan and Associates are representing the plaintiffs in this and the other class action cases–including Marootian v. New York Life Insurance Company and Kyurkjian v. Axa–et al. In this lawsuit–Vazken Movsesian and four other named plaintiffs are asking the federal court for an order requiring Victoria Insurance Company to identify the insurance benefits that belong to the Armenia’s and their rightful heirs–and to pay the benefits to them accordingly.
From 1880 to 1915–many Armenia’s who lived in the Ottoman Empire–present day Turkey–purchased life insurance policies from Victoria Insurance Company. Beginning on April 24–1915–nearly two million people were killed through a systematic campaign launched by the Ottoman Empire to destroy ethnic Armenia’s.
Despite repeated claims–Victoria Insurance Company has refused to pay the proceeds that are due under the policies. Throughout 2003–Victoria Insurance Company has acted constantly to delay and confuse the beneficiaries and heirs–according to statemen’s made by Yeghiayan’s office.