Prudential Financial, Inc. Class Action Lawsuit - PRU

Company
Prudential Financial, Inc. (NYSE: PRU)
Lead Plaintiff Deadline
January 27, 2020 (Expired)
Class Period
February 15, 2019 - August 2, 2019

Expired

Lead Plaintiff Deadline

Jan 27, 2020

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Allegations

(a) the Company’s reserve assumptions failed to account for adversely developing mortality experience in the Individual Life business segment; (b) 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 (c) the Company had materially understated its liabilities and overstated net income as a result of flawed assumptions in calculating mortality experience.

Eligibility

In order to be eligible to join the PRU class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until January 27, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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