N.Y. Court of Appeals Affirms Absolute Privilege for Content

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N.Y. Court of Appeals Affirms Absolute Privilege for Content of Form U-5 Notices

On March 29, 2007, the Court of Appeals of New York issued an opinion in Rosenberg v. Metlife, Inc., holding

that statements made by an employer on a National Association of Securities Dealers (“NASD”) employee

termination notice (“Form U-5”) are subject to an absolute privilege in a suit for defamation.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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