BRIEF-MetLife says reaches proposed settlement on class action suits - News

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BRIEF-MetLife says reaches proposed settlement on class action suits

By: AFX | 04 Nov 2009 | 06:46 AM ET

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Nov 4 (Reuters) - MetLife Inc: * Says reached proposed settlement in principle for two class action lawsuits stemming from its demutualization-regulatory filing * Says settlements cannot be finalized until reasonable notice given, and court approves * Did not disclose financial details of potential settlements ((New York Equities Desk; tel: +1 646 223 6000)) (For more news about MetLife Inc click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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