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Legal MetLife denies stonewalling DoL over missing-pensioner subpoena Reuters 4 minute read A statue stands atop Grand Central Station in front of the MetLife building in New York, October 8, 2008. REUTERS/Lucas Jackson (UNITED STATES)/File Photo/File Photo The U.S. Labor Department has stepped out of its lane by demanding documents related to “Project Chestnut,” MetLife’s post-2017 outreach program for pensioners who never sought payment under annuities their employers had purchased for them, the company’s lawyers told a federal court in Manhattan. The Labor Department’s jurisdiction to investigate ERISA violations ended “at precisely that moment in time” when the pension-plan sponsors fulfilled their ERISA responsibilities by purchasing their Group Annuity Contracts from MetLife, Maeve O’Connor of Debevoise & Plimpton wrote in opposition to a January subpoena.

New yorkUnited statesMichael gramerAlexander kondoMartin walshDebevoise plimptonMaeve oconnorMatthew sorensenThomson reuters trust principlesMetlife incYork state department of financial servicesUs district courtGroup annuity contracts gacsUs labor departmentLabor departmentDepartment of labor