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MetLife, Inc. NYSE: MET



Company: MetLife, Inc.
Ticker Symbol: NYSE: MET
Class Period: April 5, 2000 to October 14, 2004
Date Filed: Oct-21-04
Lead Plaintiff Deadline: Dec-20-04
Court: Southern District, NY
Allegations:
A class action lawsuit in the United States District Court for the Southern District of New York, on behalf of all persons who purchased the securities of MetLife, Inc. ("MetLife" or the "Company") (NYSE: MET) between April 5, 2000, through 9:31 a.m., Eastern Time, October 14, 2004, inclusive, (the "Class Period") against defendants MetLife and certain officers and directors of the Company.

The Complaint alleges that defendants violated the federal securities laws by issuing materially false and misleading statements and failing to disclose material facts regarding the Company's financial performance throughout the Class Period that had the effect of artificially inflating the market price of the Company's securities.

The Complaint specifically alleges that during the class period MetLife failed to disclose that in order to steer business its way, the Company paid tens of millions of dollars of contingent commissions "kickbacks." In fact, on October 19, 2004, MetLife admitted that in 2003 alone, it paid $25 million in contingent commissions. In addition, MetLife also paid other fees for data processing, billing and "communication" services.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.


If you feel you qualify for damages or remedies that might be awarded in this class action please fill in our form on the right to submit your complaint.

If your injustice does not match the complaint described above, please use this form to register your complaint. Thank you.

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