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International Business Times UK
International Business Times UK
Michael Toledo

Kyle Busch's $8.5 Million Lawsuit: How a Retirement Plan Went Wrong

Kyle Busch files $8.5 million lawsuit over his retirement investment. (Credit: Kyle Busch/Instagram)

NASCAR superstar Kyle Busch and his wife, Samantha, have launched a legal battle against Pacific Life Insurance Co., claiming they were duped into investing $8.5 million (£6.4 million) in a retirement plan that turned out to be far riskier than they were led to believe.

The lawsuit alleges that the couple was misled into believing they had purchased a safe, long-term savings vehicle, only to discover they had fallen into a potentially damaging financial trap.

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