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.