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If you purchased a significant amount of shares of this company you have certain options and for certain investors are short and strict deadlines running. Investors should contact the Shareholders Foundation, Inc.
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To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Lawsuit Overview
<p>According to the Amended Complaint filed on April 12, 2007, the Plaintiffs generally allege that the defendant, particularly MetLife, used the endorsement of the Indiana State Teachers Association and its subsidiary, ISTA Financial Services Corporation to sell securities and other investment options to public educators throughout Indiana. The process and procedure in which ISTA Financial Services and MetLife sold such securities and other investment options to the public educators was in violation of both Federal and State Law, including the Exchange Act and the Indiana Consumer Deception Practices Act. The sale of such securities was caused through the misrepresentation and concealment of pertinent facts by the defendants. The plaintiffs further allege that the defendants have conducted a pattern of racketeering activity and that the plaintiffs have suffered from the corrupt business influence of the defendants. The plaintiffs seek relief, not on behalf of themselves, but on behalf of all Indiana public school educators who were duped into purchasing securities and other investment options by the defendants.</p>