We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Indiana Teachers Sue Metlife Over Options

Law360 (February 20, 2007, 12:00 AM EST) -- A group of Indiana teachers has launched a legal battle against Metropolitan Life Insurance Co., accusing the financial giant of conspiring with a subsidiary of the Indiana State Teachers Association to rig retirement options in its favor.

The lawsuit, filed in an Indiana county superior court on Feb. 16, names as defendants Metlife and ISTA Financial Services Corp., an ISTA subsidiary. It claims that Metlife paid ISTA Financial to promote Metlife’s insurance and retirement options.

The five teachers who filed the suit – Daniel Spears, Jeffrey...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.