Galvin charges MetLife with fraud over failed pension payments

THE METLIFE BUILDING, home of the MetLife Inc. headquarters, stands in New York. The company was the target of a complaint filed Monday by Mass. Secretary of the Commonwealth William F. Galvin, charging MetLife with failing to make pension payments to hundreds of Massachusetts retirees. / BLOOMBERG FILE PHOTO/DANIEL ACKER
THE METLIFE BUILDING, home of the MetLife Inc. headquarters, stands in New York. The company was the target of a complaint filed Monday by Mass. Secretary of the Commonwealth William F. Galvin, charging MetLife with failing to make pension payments to hundreds of Massachusetts retirees. / BLOOMBERG FILE PHOTO/DANIEL ACKER
PROVIDENCE – Mass. Secretary of the Commonwealth William F. Galvin filed a complaint Monday charging financial-services giant MetLife Inc. with failing to make payments to hundreds of Massachusetts retirees it had wrongly designated as “presumed dead.” Galvin's office said it started investigating MetLife in December after the company announced it had lost track of tens of thousands…
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