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Stockholders Cite Red Flags In MetLife Annuity Cutoff Suit

By Jeff Montgomery ( May 5, 2020, 10:17 PM EDT) -- Stockholder attorneys argued in Delaware's Chancery Court Tuesday that MetLife Inc. directors ignored multiple red flags over a pension annuity program that swept up funds for thousands of living beneficiaries who were wrongly presumed dead, costing the company hundreds of millions in restatements and stock drops over the past decade....

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