METLIFE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates MetLife Inc. for Possible Securities Fraud - (MET)
MetLife, Inc. (MET)
Last metlife, inc. earnings: 2/5 04:15 pm
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Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into MetLife Inc. (NYSE: MET). On January 29, 2018, the Company disclosed “a material weakness in internal controls over financial reporting” that caused reserves to be reduced incorrectly in relation to outstanding payouts for annuity and pension recipients. As a result, the Company had postponed the release of its Q4 earnings report and expected to increase reserves by $525 million and $575 million, decreasing its Q4 earnings by $135 million to $165 million and 2017 profits by $165 million to $195 million. MetLife also revealed an ongoing SEC investigation into the issues surrounding the outstanding pension payments. On this news, the price of MetLife’s shares plummeted. KSF’s inves
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News
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- MetLife Pet Insurance Unleashes New Savings Calculator to Help Pet Parents Understand the Financial Benefits of Insuring Their Furry Loved OnesBusiness Wire
- MetLife, Inc. (NYSE: MET) had its price target raised by analysts at Morgan Stanley from $80.00 to $82.00. They now have an "overweight" rating on the stock.MarketBeat
- MetLife's (MET) Connected Benefits to Enhance Employer Offerings [Yahoo! Finance]Yahoo! Finance
MET
Earnings
- 1/31/24 - Miss
MET
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- MET's page on the SEC website