What began as regulatory inquiries involving Los Angeles Dodgers (and until recently Los Angeles Lakers) owner Mark Walter and affiliated insurance companies has now expanded into civil litigation, bringing renewed attention to private credit investments, related-party transactions, and disclosure practices. A proposed class action lawsuit filed in the Southern District of Florida against Walter and various affiliated businesses alleges that purchasers of annuity products issued by Delaware Life Insurance Company did not receive material information regarding related-party investments and an ongoing federal investigation. A copy of the September 16, 2026, complaint can be found here.