 After gathering evidence and finding several descendants of the victims, in 1999 he filed a class action lawsuit against New York Life in a case which lasted for four years.In January 2004, New York Life agreed to settle by paying $20 million to the plaintiffs.Since then Yeghiayan, has filed additional suits against other insurance companies, including AXA (with co-counsel Brian Kabateck), which agreed to settle in 2005 by paying $17.5 million, and Deutsche Bank.