Wednesday, February 21, 2007

 

Indiana Teachers Sue Association Consultant, MetLife

Several northwestern Indiana teachers have sued Metlife and a consultant to the Indiana State Teachers Association, accusing the defendants of rigging retirement options to favor the financial services company.

The lawsuit contends that Metlife paid an ISTA unit to promote Metlife over other insurance options in a bid to control up to $1 billion in retirement funds.

Indiana Teachers Sue Association Consultant, MetLife
Source: Insurance Journal

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