Deadline coming up in Lawsuit filed for Investors in Prudential Financial, Inc. (NYSE: PRU)

The Shareholders Foundation announces that a deadline is coming up on January 27, 2020 in the lawsuit filed for certain investors of Prudential Financial, Inc. (NYSE: PRU) over alleged securities laws violations by Prudential Financial, Inc.

Investors who purchased shares of Prudential Financial, Inc. (NYSE: PRU) have certain options and there are strict and short deadlines running. Deadline: January 27, 2020. NYSE: PRU stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges on behalf of purchasers of Prudential Financial, Inc. (NYSE: PRU) common shares between February 15, 2019 and August 2, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 15, 2019 and August 2, 2019, the defendants failed to disclose the following facts the Company's reserve assumptions failed to account for adversely developing mortality experience in its Individual Life business segment, that the Company was not over-reserved, but instead, its reported reserves, particularly for the Individual Life business segment, were insufficient to satisfy its future policy benefits liabilities; and that the Company had materially understated its liabilities and overstated net income as a result of flawed assumptions in calculating mortality experience.

Those who purchased shares of Prudential Financial, Inc. (NYSE: PRU) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.