2nd Circ. Puts Debevoise Back On MetLife Case

Law360, New York (September 29, 2009, 7:04 PM EDT) -- A federal appeals court has reinstated Debevoise & Plimpton LLP in defending MetLife Inc. and Metropolitan Life Insurance Co. against a securities class action brought by MetLife policyholders who claim they were misled and shortchanged when the company demutualized in 2000.

The U.S. Court of Appeals for the Second Circuit on Tuesday reversed a district court’s Sept. 1 ruling that granted the policyholders’ bid to disqualify the law firm as lead counsel for the companies in the case shortly before trial because of the firm’s representation...
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