METLIFE INC: MLIC Awarded $21Mil in Damages in Park Avenue Case

MetLife Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on Feb. 12, 2009, a Financial Industry Regulatory Authority (FINRA) arbitration panel awarded Metropolitan Life Ins. Co. (MLIC) US$21 million…

METLIFE INC: 125 Sales Practices Suits Still Pending at March 31

MetLife Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that as of March 31, 2009, there were approximately 125 sales practices litigation matters pending against the Company.

Over the past several…