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City of Westland Police and Fire Retirement System v. Metlife, Inc. et al
Case Number:
1:12-cv-00256
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Bank of America Corp.
- Citigroup Inc.
- Credit Suisse Group AG
- HSBC Holdings PLC
- The Goldman Sachs Group Inc.
- Wells Fargo & Co.
Sectors & Industries:
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June 16, 2021
Robbins Geller Nabs $21M For Work On $84M MetLife Deal
A New York federal court awarded Robbins Geller Rudman & Dowd LLP $21 million for the firm's work securing an $84 million settlement for a class of investors who accused MetLife Inc. of misleading them by underreporting life insurance liabilities.
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February 02, 2021
Robbins Geller Seeks $23M Cut Of $84M MetLife Investor Deal
Robbins Geller Rudman & Dowd LLP wants a $22.9 million slice of MetLife Inc.'s $84 million class action settlement ending claims that it misled investors by underreporting life insurance death benefit liabilities, arguing Monday that eight years of "contentious litigation" merit a significant lead counsel award.
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June 11, 2020
MetLife's $84M Deal To End Life Insurance Suit Hits Snag
A New York federal judge on Thursday declined to give an initial green light to an $84 million deal to settle class action claims MetLife Inc. misled investors by underreporting life insurance death benefit liabilities, but said the investors can ask again if they fix a class notice.
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June 09, 2020
MetLife Inks $84M Deal To End Investors' Life Insurance Suit
MetLife Inc. has agreed to shell out $84 million to put to rest class action claims the company misled investors by underreporting life insurance death benefit liabilities, according to a proposed settlement agreement filed in New York federal court Tuesday.
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August 29, 2018
5th Shot At MetLife Class Action Allowed To Move Forward
A New York federal judge said Tuesday that the fifth iteration of a class action alleging that MetLife misled investors by underreporting life insurance death benefit liabilities could move forward, saying the investors had adequately pled that the insurer and its officers knew they were misrepresenting the company's financial health.
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May 16, 2017
MetLife Says Investors' Proposed Class Rep Isn't Fit To Lead
MetLife opposed class certification Monday in a suit claiming it misled investors by underreporting life insurance death benefit liabilities in violation of the Securities Act, arguing the proposed class leader is unsuitable and the class too broadly defined.
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November 14, 2016
MetLife Can't Escape Investors' Death Benefit Deception Suit
MetLife must face certain class action claims it misled investors by underreporting life insurance death benefit liabilities in violation of the Securities Act, a New York federal judge ruled Friday, though allegations it violated the Securities Exchange Act were dismissed for failure to show intent to deceive.
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September 11, 2015
CORRECTED: MetLife Sheds Most Of Securities Suit After Omnicare
A New York federal judge has dismissed almost all claims in a class action against MetLife over its alleged underreporting of life insurance death benefit liabilities, saying Friday that the plaintiffs didn't meet the high bar placed by the Supreme Court's Omnicare decision. Correction: An earlier story misreported the claims that were dismissed. The error has been corrected.