Glancy Prongay & Murray LLP Announces Investigation on Behalf of Metro Bank PLC Investors (MBNKF)
LOS ANGELES–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24MBNKF&src=ctag” target=”_blank”gt;$MBNKFlt;/agt; lt;a href=”https://twitter.com/hashtag/CLASSACTION?src=hash” target=”_blank”gt;#CLASSACTIONlt;/agt;–Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf
of Metro Bank PLC (“Metro Bank” or the “Company”) (OTC: MBNKF)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire, at
310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com,
or visit our website at www.glancylaw.com.
On May 1, 2019, Metro Bank announced that it lost some large commercial
and partnership customers following a disclosure earlier in the year of
an accounting error in the Company’s risk-weighted assets, as well as
adjustments made for the Company’s full year 2018 results.
On this news, the Company’s share price fell $1.69 per share, or over
16%, to close at $8.76 on May 2, 2019, thereby injuring investors.
If you purchased Metro Bank securities, 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, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number, and the number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy,
310-201-9150 or 888-773-9224
www.glancylaw.com
shareholders@glancylaw.com