BERWYN, Pa., Jan. 31, 2018 /PRNewswire/ — RM LAW, P.C. has commenced an investigation into potential securities law violations by certain officers of MetLife, Inc. (“MetLife” or the “Company”) (NYSE: MET).
If you purchased shares of MetLife and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here.
On January 29, 2018, MetLife announced it had postponed its earnings report and conference call related to its results for the fourth quarter and full year ended December 31, 2017. The Company cited “material weakness” in its financial reporting. MetLife also advised investors it expects to increase reserves in total between $525 and $575 million on a pre-tax basis to cover certain annuity recipients “who have been unresponsive or missing over time.”
On this news, the Company’s share price fell from $54.40 to $49.73 (a decline of $4.67) on January 30, 2018.
For more information regarding this, please contact RM LAW, P.C. (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at [email protected] or click here. For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here.
RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
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CONTACT: |
RM LAW, P.C. |
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Richard A. Maniskas, Esquire |
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1055 Westlakes Dr., Ste. 3112 |
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Berwyn, PA 19312 |
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484-324-6800 |
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844-291-9299 |
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SOURCE RM LAW, P.C.
