Massachusetts regulator opens pension probe against MetLife
The top securities regulator in Massachusetts on Monday said he has opened an investigation of MetLife Inc after the insurer revealed last week it had failed to pay pensions to potentially thousands of people. "Retirees cannot afford to have glitches with their pension checks," Massachusetts Secretary of the Commonwealth William Galvin said in a statement. "I want to uncover why this occurred and how MetLife is going to rectify the problem for the retirees." MetLife, which pledged to fully cooperate with regulators... Читать дальше...