Call Now For a Free Consultation:
(614) 502-6165

Metlife Securities, Inc

Consult with Our Legal Team
There is never a cost associated with a consultation
Brokerage Firms
For The Advocacy You Deserve Contact Us Today!
We’ll respond and let you know the best way to proceed with your case.

Investment Losses Caused by Metlife Securities, Inc

Recover Your Losses With Our Securities Fraud Lawyers

MetLife Securities, Inc. is a licensed broker-dealer subsidiary of MetLife. MetLife, founded in 1868, is the largest life insurer in the United States. MetLife Securities was established in 1983 and provides investment, brokerage and advisory account services. Registered in all 50 states and Puerto Rico, MetLife Securities primarily serves high-net worth families, business owners and professionals. MetLife Securities is located in New York City.

A securities brokerage firm licensed by FINRA, MetLife Securities, Inc. has a legal duty to supervise its brokers and its brokers' recommendations to clients to ensure compliance with and prevent violations of the rules of the security industry. When an individual broker is negligent or acts in an unlawful manner against the interests of the client and that client suffers damages as a result of such wrongdoing, the firm may be held liable for the investor losses.

MetLife Securities, Inc Investment Fraud and Misconduct

MetLife Securities does have financial misconduct in its history and the history of some of its brokers. For example, some years back the brokerage firm was fined $5 million by the NASD (now a part of FINRA) for providing false and misleading information. This inaccurate and misleading information was not given directly to investors, but rather to NASD. According to this complaint, three MetLife Securities firms (New York, New England and St. Louis) lied to NASD to cover their late trading, late email correspondences and various other conduct in violation of NASD regulations.

Just a few months later, NASD fined MetLife $500,000 over supervisory violations in college savings plan sales. MetLife Securities' New York firm was not only fined, but required by the NASD to pay back customers for their losses caused by those supervisory failures. This is a prime example of brokerage firms that offer unsuitable investments, investments that benefit the broker and firm but that can disadvantage the investor.

In 2009, FINRA fined MetLife Securities and three of its affiliate firms $1.2 million for email supervision failures. At the time FINRA issued the fine, there was an ongoing investigation into possible MetLife Securities broker misconduct. Failure to supervise, in these instances, allowed MetLife brokers to go undetected while conducting private securities transactions.

Retain an Aggressive Investment Fraud Attorney

Meyer Wilson’s securities litigation attorneys practice solely in the field of investment fraud, so we have the resources and well-honed skilled required for recovering losses from MetLife and other large investment firms. Investment loss lawyers from our firm conduct claims against MetLife in federal courts and state courts nationwide, but are also experienced with arbitration with FINRA, AAA, and private arbitration. Meyer Wilson can even represent international clients with claims against U.S.-based brokerage firms. Our experience and skills have allowed us to recover hundreds of millions of dollars on behalf of victims of securities fraud.

Columbus Office

614-224-6000
305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

310-905-8688
2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

216-600-1355
4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

248-817-8214
41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
crosschevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram