(Bloomberg) – MetLife Inc. provided new details this week about how it lost track of thousands of pension clients.
But state and federal inquiries promise to drag on for months and will make it hard to put the scandal behind it any time soon.
The company scaled back its assessment of the problem on Tuesday, saying it had inappropriately lost track of 2 percent of the pension clients, or about 13,500 individuals, in the affected business unit.
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