Law360, New York (March 02, 2012, 5:31 PM ET) -- MetLife Inc. has reached a settlement agreement in a class action brought by inhabitants of New York's biggest residential complex alleging the insurance giant improperly deregulated rental apartments at the property while receiving tax relief, MetLife said in a regulatory filing Tuesday.
In an annual report filed with the U.S. Securities and Exchange Commission, MetLife said it had reached a settlement in principle with the plaintiff tenants. Terms of the settlement, which would still need court approval, have yet to be finalized, according to MetLife....
MetLife Settles Part of Stuyvesant Town Rent Hike Action
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