Tagged with "MetLife"

MetLife Agrees to Pay $84 Million to Settle Class Action

Posted on June 11th, 2020 at 2:04 PM
MetLife Agrees to Pay $84 Million to Settle Class Action

MetLife has agreed to pay $84 million to settle class action claims that it underreported life insurance death benefit liabilities and misled investors. The settlement concludes eight years of litigation, which included multiple formal mediation sessions. The original complaint was filed in 2012, and the class was certified in 2017. The class of plaintiffs includes investors who acquired MetLife common stock during certain offerings in 2010 and 2011.

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MetLife is Under Investigation for Variable Annuity Sales

Posted on November 6th, 2015 at 2:28 PM
MetLife is Under Investigation for Variable Annuity Sales

MetLife Inc., the largest U.S. life insurer, is under FINRA’s investigation regarding the company's broker-dealer unit’s violations tied to variable annuities.

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Financial Service Firms Engage in Raiding Suit

Posted on August 13th, 2015 at 2:08 PM
Financial Service Firms Engage in Raiding Suit

Two large financial services firms have entered a heated dispute over the poaching of 60 brokers.

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LATEST NEWS AND ARTICLES

March 24, 2023
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March 23, 2023
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