NEW YORK--(BUSINESS WIRE)--
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of purchasers of the securities of MetLife, Inc. (NYSE:MET) resulting from allegations that MetLife may have issued materially misleading business information to the investing public.
On January 29, 2018, MetLife announced it would postpone its fourth quarter and full year ended December 31, 2017 earnings report and conference call, citing “material weakness” in its financial reporting. MetLife also advised investors it expects to increase reserves in total between $525 million and $575 million on a pre-tax basis to cover certain annuity recipients “who have been unresponsive or missing over time.” On this news, shares of MetLife fell sharply in after-hours trading on January 29, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by MetLife investors. If you purchased shares of MetLife, please visit the firm’s website at http://www.rosenlegal.com/cases-1279.html or more information. You may also contact Phillip Kim or Daniel Sadeh of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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