MetLife Owes For Agents' Role In $216M Ponzi Scam, Jury Told

Law360, Los Angeles (July 20, 2016, 10:55 PM EDT) -- A woman who was among hundreds of investors claiming MetLife agents tricked them into buying unregistered securities from an alleged $216 million Ponzi scheme urged a California jury Wednesday to find the insurer liable for her losses, saying MetLife allowed its agents to solicit investors for the scheme.

Representing 75-year-old Christine Ramirez, Richard Donahoo of Donahoo & Associates PC choked up minutes into his opening statements in Los Angeles as he described how his client lost her hard-earned life savings in the scheme.

Richard Donahoo of Donahoo & Associates PC, attorney for Ramirez, delivers opening arguments in Hartshorne et al. v....

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