Violation Tracker Individual Record
Date:December 18, 2018
Offense Group:financial offenses
Primary Offense:investor protection violation
MetLife agreed to pay a $1 million administrative penalty in settlement of allegations it had not taken sufficient steps to locate pension beneficiaries, and that its treatment of unclaimed pensions led them to make inaccurate financial reports.
Level of Government:state
Action Type:agency action
Agency:Massachusetts Securities Division
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:New York
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:insurance
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