Legal Opinion
City of Westland Police & Fire Retirement System v. Metlife, Inc.
District Court, S.D. New York
Decided September 11, 2015No. 12-cv-0256 (LAK)PublishedCited by 25 opinions
1Opinion of the Court
OPINION
LEWIS A. KAPLAN, District Judge.
The principal issues in this putative class action1 are whether MetLife, Inc. (“MetLife” or the “Company”) misled investors (1) with respect to its financial performance and position because certain reserves underlying its financial statements failed adequately to take account of incurred but not reported (“IBNR”) death benefit claims with respect to group life insurance policies, and (2) by making alleg*55edly deceptive statements concerning those reserves.
The Court previously ruled on defendants’ motions to dismiss the amended complaint.2 It later gave…
2Cases cited48 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
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3Cited by25 opinions
- Frankfurt-Trust Inv. Luxemburg AG v. United Techs. Corp.District Court, S.D. Illinois · 2018
- In re Lehman Bros. Securities & Erisa LitigationDistrict Court, S.D. New York · 2015
- In re Pretium Resources Inc. Securities LitigationDistrict Court, S.D. New York · 2017
- Nguyen v. New Link Genetics Corp.District Court, S.D. Illinois · 2018
- In Re Shanda Games Ltd. SEC. Litig.Court of Appeals for the Second Circuit · 2025
20 more not listed; retrieve them via the Exa API.