LOS ANGELES, Jan. 10, 2019 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) announces that it is investigating potential claims on behalf of investors of MetLife, Inc. (NYSE: MET) (“MetLife” or “the Company”) and whether the Company’s officers and directors complied with their legal obligations to the Company and its shareholders.
On January 29, 2018, MetLife announced it postponed the Company’s 2017 earnings report and conference call, citing “material weakness” in its financial reporting. MetLife also disclosed that it expected to increase its annuity reserves in total between $525 million and $575 million.
GPM’s investigation focuses on whether the Company and its directors breached any fiduciary duties owed to shareholders.
If you own MetLife shares, if you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact:
Glancy, Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com