(May 4, 2018, 11:43 AM EDT) -- NEW YORK — Plaintiffs filed an amended class action complaint in a New York federal court on May 1 accusing a life insurer and a private investment firm, which acquired the insurer, of breaching their policies by unlawfully increasing the cost of premiums to recoup costs associated with the acquisition (Derek Fan, et al. v. Phoenix Life Insurance Co., et al., No. 18-01288, S.D. N.Y.)....