MetLife Misled Investors On AG's 'Death List' Probe: Suit

Law360, New York (August 6, 2012, 11:00 PM EDT) -- MetLife Inc. on Friday asked that an Alabama pension fund's lawsuit claiming the insurer understated the costs of New York regulators' probe into allegations that it selectively checked a federal death register, in order to withhold benefits owed to survivors, be transferred up to New York.

The New York-based insurer said that the class action suit should be transferred to federal court in Manhattan where a separate class action over the claims is currently ongoing. The City of Birmingham Retirement and Relief System alleges that MetLife...
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.