MetLife – 50/50 Plan

  • Mohney v. Metropolitan Life Insurance Company, Forney
    • 1996 – LC – Mohney v. Metropolitan Life Insurance Company, Forney
      • 96-186
      • United States District Court for the Western District of Pennsylvania (D.C. Civil No. 96-cv-00854), District Judge: Honorable Donetta W. Ambrose
    • 2003 – LC – Mohney v. Metropolitan Life Insurance Company, Forney
      • No. 03-1436 – UNITED STATES COURT OF APPEALS FOR THE THIRD CIRCUIT
      • The Metropolitan Life Insurance Company (“MetLife”) through its sales agent, Paul Forney (collectively, “Defendants”) sold Plaintiff Timothy Mohney whole life insurance policies on the lives of his two children. The Defendants called these policies the “Metropolitan 50-50” plan (“50/50 Plan”), “a plan to provide for your personal savings.” Mohney sued, contending that the Defendants misrepresented the true nature of his purchase. In essence, Mohney alleged that what he was led to believe were savings plans were instead simply life insurance policies. The District Court granted the Defendants’ motion for summary judgment on all of Mohney’s claims. For the reasons set forth below, we will affirm in part and reverse in part.
      • 2004 – LC – Mohney v. Metropolitan Life Insurance Company, Forney – 03-1436 – Opinion – 13p

1994 0325 – Pittsburgh Post-Gazette – Third MetLife Lawsuit Filed –  Newspapers.com