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Violation Tracker Individual Record

Company: Metropolitan Life Insurance Co.
Current Parent Company: MetLife
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $50,000,000
Year: 2010
Date: March 3, 2010
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: insurance violation
Violation Description: MetLife agreed to pay $50 million to settle litigation alleging it shortchanged policyholders when it switched from a mutual to a stock company.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of New York
Civil or Criminal Case: civil
Case ID: 9:00-cv-02258
Case Name: Murray v. Metropolitan Ins, et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.