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Parchmann v. MetLife, Inc. et al

  1. January 12, 2021

    MetLife Escapes Investors' Annuity Reserve Fraud Claims

    Insurance giant MetLife and some of its former executives no longer face a proposed securities class action alleging they defrauded investors concerning accounting for its retirement and income solution line of business, a federal judge in Brooklyn said Monday.

  2. August 13, 2019

    MetLife Seeks To Bury Stock-Drop Suit Over Pension Reserve

    MetLife has urged a New York federal judge to toss a proposed class action claiming the insurer caused the company's share price to drop after it violated securities law by incorrectly deeming some retirees of other companies deceased and maintaining inadequate pension reserves.

  3. February 05, 2018

    MetLife Hit With Stock-Drop Suit Over Pension Reserves

    An investor sued MetLife in New York federal court Monday, alleging that two stock drops followed reports that the insurer didn't set aside enough money in its reserves for annuity and pension payments.